Comment Text:
10-005
COMMENT
CL-00210
From:
Sent:
To:
Subject:
ozarkrunner@aol, com
Saturday, April 24, 2010 5:26 PM
Metals Hearing
Settings on silver trading
Dear
sir,
Thank you for offering the public this input period. I am fortunate for I left the equity market before it
imploded. This was no accident for I had observed how manipulated that market had become. I figured
that a tangible item like silver did not have similar characteristics for being rigged. However, it did not
take long to realize that manipulation was also rampant here.
In many commodities there is an emphasis on the abuse on the long side. However, in silver it is
obvious that the problem centers on the short side. I ask that you please limit the huge short Comex
silver future positions to no more than 1,500 to 2,000 contracts. I know that the legitimate interest of the
hedgers must be taken into consideration. I have no doubt that their interest can be balanced into a just
equation that does not permit rampant fraud.
