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

  • From: Michael Bodey
    Organization(s):

    Comment No: 22317
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02018
    From:
    Sent:
    To:
    Subject:
    secretary
    Thursday, April 8, 2010 11:25 AM
    Metals Hearing
    FW: market manipulation
    ..... Original Message .....
    From: Jacquie & Mike [mailto:bodey. 1 @netzero.com]
    Sent: Thursday, April 08, 2010 10:38 AM
    To: secretary
    Subject: market manipulation
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals.
    Please stop the silver market manipulation by establishing 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.
    It has become obvious to the public that we no longer have a free market -- it is time to correct the situation.
    Sincerely,
    Michael Bodey
    Eugene, OR