Comment Text:
10-005
COMMENT
CL-00439
From:
Sent:
To:
Subject:
secretary
Tuesday, April 20, 2010 9:27 AM
Metals Hearing
FW: Position Limits on Precious Metals
From:
[email protected] [mailto:[email protected]]
Sent:
Tuesday, April 20, 2010 9:13 AM
To:
secretary
Subject:
Position Limits on Precious Metals
The most blatant manipulation in the precious metals markets took place last Friday, on 04/16/10, on the
same day of options expiration, as described by whistle blower, Andrew Maquier. At the time the
manipulation was taking place, propaganda was distributed on CNBC as to the reason, "Because John
Paulson was mentioned but not charged in the complaint, there was fear that he would have to sell his
holdings of GLD." How preposterous!!
This blatant, in your face manipulation, with well timed propaganda is a slap in the face to the CFTC
and all investors. As the CFTC does nothing to prevent these illegal activities, I will no longer invest in
the the markets you supposedly regulate.
Rich