Comment Text:
10-005
COMMENT
CL-00213
From:
Sent:
To:
Subject:
Mark Soderberg
Saturday, April 24, 2010 4:57 PM
Metals Hearing
Secretary of the Commission, Commodity Futures Trading
Commission
Dear CFTC, Secretary of the Commission,
I want to respond to the hearings recently held
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals. Please
establish a speculative position
limit in COMEX silver of no more than 1500 contracts. Please restrict any hedging exemptions
from those limits to legitimate hedgers.
Please stop the levels of concentration in COMEX silver futures that have been experienced over
the past few years on the short side
of the market.
I have a feeling that "major forces" feel, that to manipulate these Metals markets is necessary.
Necessary for the reasons of "dollar"/currency
related issues. Our Federal Reserve, Treasury and so on, may want to insure that our currency
remains "strong". ..... well, that is and cannot be
accomplished through Metals manipulation, but rather by doing the things that actually justify a
solid, strong "money/currency." I trust that you will,
in the end, provide truth, honesty, fairness to all of us citizens, via a rock solid, transparent and
honest Market.
Sincerely, MarkSoderberg