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