Font Size: AAA // Print // Bookmark

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

  • From: Seth Stinson
    Organization(s):

    Comment No: 20638
    Date: 4/23/2010

    Comment Text:

    10-005
    COMMENT
    CL-00339
    From:
    Sent:
    To:
    Subject:
    Seth Stinson
    Friday, April 23, 2010 12:04 PM
    Metals Hearing
    SILVER MARKET MANIPULATION IS CRIMINAL!!!
    Dar Mr. Stawick:
    I am a long time silver investor and know that our society would revert back to the 1850's if all silver
    was removed from our lives and the products that depend on silver in its manufacture. Silver is the
    "INDISPENSABLE METAL". To realize that Morgan Stanley and other banking and speculation
    companies are systematically manipulating the silver market and driving the value of my investments by
    selling short and holding huge silver shorts. This causes instability in the market place and the market
    does not accurately reflect the true value of this miracle metal. Short contracts should be limited, in my
    opinion, to less that 1,000 COMEX contracts per organization and be forced to buy back their contracts
    at a loss
    Thank you for your consideration
    Seth Stinson