Comment Text:
10-005
COMMENT
CL-02459
From:
Sent:
To:
Subject:
Vicki ASHTON
Thursday, April 1, 2010 10"28 PM
Metals Hearing
Metals Postion Limits
Dear Sirs;
I swear this is NOT an April Fool's joke. But maybe this isa long standing joke on the American people,
ever since 1975.
The Plaque reads:
THE MISSION OF THE
CFTC
IS TO PROTECT MARKET
USERS AND THE PUBLIC
FROM FRAUD,
MANIPULATION, AND ABUSIVE
PRACTICES RELATED TO THE
SALE OF COMMODITY
FUTURES AND OPTIONS, AND
TO FOSTER OPEN,
COM PETITIVE, AN D
FINANCIALLY SOUN D
COMMODITY FUTURES AND
OPTION MARKETS
CFTC, obey your plaque!
When the open interest in silver futures contracts exceeds 800 million oz., and when the silver on deposit
for delivery is a mere 50 million oz., it does not take a genius to figure out that something is out of
balance. That's only a 6% backing! Give us a break people!
