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

  • From: Joe Renaud
    Organization(s):

    Comment No: 22457
    Date: 4/7/2010

    Comment Text:

    i0-005
    COMMENT
    CL-02158
    From:
    Sent:
    To:
    Subject:
    Joe Renaud
    Wednesday, April 7, 2010 11:22 PM
    Metals Hearing
    position limits
    As a Canadian investor I'm pleased to give my opinion about position limits on metals. I
    endorse and whole heartedly support the idea of limiting any one trading entity to a maximum of
    2000 contracts on either side. If the equivalent of 10 million ounces of silver isnt enough to have
    as an investment that too bad I suppose we'll all have to suffer.
    I use to be an investor is silver a while back but simply stopped when I had read some very
    compelling info on the internet years ago and realized that they were correct in their assertations
    that in fact that particular market is being extremely manipulated so I currently stay clear of
    investing in that market now and will not invest another dime until I see that
    manipulation eliminated.
    Joe Renaud
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