Comment Text:
10-005
COMMENT
CL-01479
From:
Sent:
To:
Cc:
Subject:
John Swiriduk
Friday, April 9, 2010 2:33 PM
Metals Hearing
j [email protected]; John Voss ;
cars@sweetchariots, com; [email protected]
Dear Sir, Madam: Thanks so very much for your March 25 hearing on
silver and gold. It is with great relief that this 76-year old,
sitting on silver retirement ounces, will finally see the CFTC limit
the number of SHORT contracts to no more than 1500. Also, limiting
CONCENTRATION by those well-known 3-4 large entities will eliminate
the manipulation which has suppressed silver's price for too many
years. (Note the whistle-blower from London (McGuire) who exposed
the blatant manipulation he brought to the attention of the CF TC
early in 2010). At the historic ratio of 15-1, for gold to silver,
today's silver price per ounce should be closer to $75.00, not around
$18.00. At $75.00 per ounce, lots of average "little" people like
me will finally be able to enjoy the fruits of their 25-year
investments. Thanks so much for "doing the right thing". Very truly
yours, John Swiriduk, Jr.
