Font Size: AAA // Print // Bookmark

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

  • From: Terry A Boyer
    Organization(s):

    Comment No: 21881
    Date: 4/9/2010

    Comment Text:

    10-005
    COMMENT
    CL-01582
    From:
    Sent:
    To:
    Subject:
    TERRY BOYER
    Friday,
    April 9, 2010 12:28 PM
    Metals Hearing
    metal market fraud
    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. I believe that gold is being manipulated also as when the Comex opens gold plunges like a waterfall.
    Since
    the hearing last week the attacks have been almost nonexistent as if they're laying low to not gather any attention from the
    CFTC.
    Sincerely,
    Terry A. Boyer