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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

  • From: Thomas P Morse
    Organization(s):

    Comment No: 20551
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00252
    From:
    Sent:
    To:
    Subject:
    Tom Morse
    Saturday, April 24, 2010 1:06 PM
    Metals Hearing
    Letter to advise you to impose position limits to stop the Fraud by the largest
    Banks in the silver and gold markets
    Dear Sir or Mam,
    It is obvious now to anyone that gold and particulary silver, are bieng manipulated by mainly by
    Goldamn Sachs and JP Morgan, 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.
    If you don't act against this obvious and factual manipulation and fraud in the precious metals markets,
    then you are endorsing outright fraud against the citizens of the world.
    Sincerely,
    Thomas P Morse