Comment Text:
10-005
COMMENT
CL-02206
From:
Sent:
To:
Subject:
Jim Nguyen
Wednesday, April 7, 2010 7:39 PM
Metals Hearing
metals positions limits
Dear Cftc,
Lets face it eventually the Federal Reserve is going to be forced to jack up interest rates to 15-20% to
defend the dollar or issue a new currency, due to our nations fiscal irresponsibility. I know most of you
guys probably just want an easy overpaid desk job, not enforcing any of the roles on anyone from old
money, so you can get a 6 figure "consultant" job doing nothing after you quit the CFTC.
However,
eventually someone is going to get blamed and it's probably going to be you guys on your watch.
Anyway please uphold your oaths to the constitution that you took in elementary school, if you actually
give a damn about The United States of America, instead of just going for the easy backdoor
"consulting" job when you quit CFTC.
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. Honestly, I
would rather everyone from the FTC, SEC, CFTC, be fired for not enforcing the rules and everyone be given a tax
rebate from the savings. If you guys never bother to enforce the rules on old money, why should we pay you
guys a dime with our taxes? I would rather buy vegetables or a few video games with the savings Iololo1.
EPIC FAIL CFTC ZOMG LOLZ
Sincerely,
Jim Nguyen