Font Size: AAA // Print // Bookmark

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

  • From: James M Roberts
    Organization(s):

    Comment No: 20627
    Date: 4/23/2010

    Comment Text:

    10-005
    COMMENT
    CL-00328
    From:
    Sent:
    To:
    Subject:
    James Roberts
    Friday, April 23, 2010 4:49 PM
    Metals Hearing
    position limits for precious mtals
    Dear Commissioners:
    I appreciate the opportunity to comment on the subject of
    position limits for the
    precious metals. I believe that a speculative limit of 2 or 3 percent
    of world mine
    production would be beneficial to to market stability. I also believe
    that the two or
    three largest holders of positions should be public information which
    would also
    contribute to market stability.
    The above would effectively put an end to the current
    manipulation of the COMEX
    futures markets.
    Thank you for your decision to address and improve the
    integrity of the precious
    metals market.
    Sincerely,
    James M. Roberts
    HC 34, Box 380
    Lewisburg, WV 24901