Comment Text:
10-005
COMMENT
CL-00336
From:
Sent:
To:
Subject:
Charlie Sitzes
Friday, April 23, 2010 12:36 PM
Metals Hearing
Position Limits
Dear Commissioners
This is to urge you to demand position limits in silver.
Allowing big banks to hold huge illegal short positions causes an imbalance in supply and demand.
This not only distorts prices, harming tens of thousands of small investors like myself, but will eventually blow up
when demand suddenly breaches supply.
If this happens, the CFTC will be held in the same low regard as the SEC in the Bernie Madoff scandal.
I urgently request you put a stop to illegal position limits.
Respectfully
Charlie Sitzes
Bloomington, IN
