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!