Comment Text:
10-005
COMMENT
CL-00444
From:
Sent:
To:
Subject:
Don Martens
Tuesday, April 20, 2010 8:51 AM
Metals Hearing
Metal Hearing
Dear Sir: I have been an investor and follower of silver for over 50
years, and during that time I have seen aberration's in that market
only twice. First in 1980 when the Hunt Brothers tried to comer that
market on the long side, and the Comex put a stop to it. The second
was in 2008 when J P Morgan took over Bear Steams Silver short
position. In 3 months the silver price went from $18.50 to $9.50.
When you realize that all of the available silver in the world can be
bought for about 18 billion dollars, you can see why any large entity
can swing that market any way it wants. Thank you so much for trying
to level the playing field. Don Martens
