Comment Text:
i0-005
COMMENT
CL-01794
From:
Sent:
To:
Subject:
Karl Bauknight
Friday, April 9, 2010 8:52 AM
Metals Heating
Position Limits
Gentlemen --
Thanks for inviting public comment on the recent hearing about position limits.
I gave particular attention to the comments by Bill Murphy and Mike Masters about price manipulation
on the COMEX. I was particularly disturbed by Andrew Maguire's witnessing the bullion bank
manipulation around the US Jobs Report.
Please do the right thing -- establish position limits in gold and silver unless provably for hedging
purposes. As an investor, I and other market participants have a tight to price discovery by legitimate
market mechanisms, not bankster manipulation.
Sincerely -- Karl Bauknight
