Font Size: AAA // Print // Bookmark

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

  • From: Frederick A Stegner
    Organization(s):

    Comment No: 22236
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-01937
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, April 8, 2010 5:18 PM
    Metals
    Hearing
    Silver Manipulation
    This letter is in regard to the current and ongoing silver manipulation
    in the Comex. For years I have been contacting my Congressmen and the
    President in regard to a crime in progress. Finally you have the
    evidence in front of you in regard to Large commercials manipulating
    the Comex market by selling short silver. My analysis shows a collapse
    of the integrity of the Comex if action is not taken. Please establish
    a speculative position limit in Comex Silver to no more then 1500
    contracts. This is at least a first step in correcting the situation.
    I would also like to see those responsible for this crime penalized and
    fined as much as possible. Please show some backbone. Please stop
    this short side concentration which is a crime in progress. Thank you.
    Sincerely
    Lt Frederick A Stegner