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

  • From: Amicus Solo
    Organization(s):

    Comment No: 21313
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01014
    From:
    Sent:
    To:
    Subject:
    Amicus Solo
    Saturday, April 10, 2010 3:03 PM
    Metals Hearing
    position limits for precious metals
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals. Please establish a speculative
    position limit in COMEX silver of no more than 1500 contracts. Please restrict any hedging exemptions from those limits to
    legitimate hedgers. Please stop the levels of concentration in COMEX silver futures that have been experienced over the past
    few years on the short side of the market.
    Sincerely,
    Amicus Solo
    ~There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process
    engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a
    million is able to diagnose." - John Maynard Keynes, 1919. (In other words, "Thanks for your apathy and ignorance
    suckers! ").
    "The fact is that the average man's love of liberty is nine-tenths imaginary, exactly like his love of sense, justice and truth. He
    is not actually happy when free; he is uncomfortable, a bit alarmed, and intolerably lonely. Liberty is not a thing for the great
    masses of men. It is the exclusive possession of a small and disreputable minority, like knowledge, courage and honor. It
    takes a special sort of man to understand and enjoy liberty-- and he is usually an outlaw in democratic societies." -- H.L.
    Mencken, Baltimore Evening Sun, Feb. 12, 1923