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

  • From: Eric Grow
    Organization(s):

    Comment No: 22557
    Date: 4/7/2010

    Comment Text:

    10-005
    COMMENT
    CL-02258
    From:
    Sent:
    To:
    Subject:
    Eric Grow
    Wednesday, April 7, 2010 3:36 PM
    Metals Hearing
    position limits
    Dear Sirs,
    Please honor your mission statement by establishing reasonable position limits in COMEX silver and gold, and do
    not create special exemptions for bankers and hedge funds who do not have a direct interest in the physical
    market and are thus not creating a legitimate hedge. By allowing a few big players to manipulate the market, you
    are inviting suspicion that you are complicit in collusion to intentionally undermine the fair market pricing of
    metals.
    Manipulated metals pricing is very dangerous to our citizens and our country as it helps perpetuate the illusion of
    a healthy dollar when in reality our country is virtually bankrupt. Do not underestimate its importance, as politics
    and power follow money. It is time to start dealing with harsh realities in this country. Real pricing of metals plays
    a key role as it is an indicator of our true financial condition. The people need to see this indicator driven by true
    free-market forces so that they can understand the hidden tax of inflation, and as a whole to steer the country and
    world economy back toward sound decisions and prosperity. Please consider the future of our country and future
    generations, and have faith that the American people are strong enough to pull ourselves out of this mess, the
    sooner the better. You are in a position to either help and do the right thing, with backbone, or to buckle under
    short term pressures and temptations. Try envisioning a positive outcome from doing the right thing, and maybe
    you will find that you can actually make a difference instead of just playing the part expected of you by a few
    extremely dominant men.
    Sincerely,
    Eric Grow
    Houston, TX