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

  • From: Vicki Ashton
    Organization(s):

    Comment No: 22759
    Date: 4/1/2010

    Comment Text:

    10-005
    COMMENT
    CL-02460
    From."
    Sent."
    To,"
    Subject,"
    Vicki ASHTON
    Thursday, April 1, 2010 10"21 PM
    Metals Hearing
    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,
    COMPETITIVE, AND
    FINANCIALLY SOUND
    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!