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

  • From: Patrick Gentry
    Organization(s):

    Comment No: 22838
    Date: 3/25/2010

    Comment Text:

    10-005
    COMMENT
    CL-02539
    From:
    Sent:
    To:
    Subject:
    Patrick Gentry
    Thursday, March 25, 2010 4:49 AM
    Metals Hearing
    Metals positions limits
    If the CFTC does not formulate and quickly implement an "exit strategy" for heavily leveraged
    concentrated short position manipulation immediately, the increasingly acute physical silver shortage
    and impending free market "correction" will most likely result in the complete destruction of the
    USDollar, possibly almost overnight, as well as the overall US economy in times of increasing massive
    bailouts and new and growing entitlement spending. If American and USDollar Destruction and is not
    the secret goal of appropriate long-overdue regulatory action, then in the interests of the public the
    CFTC is supposed to protect, please formulate and implement such a strategy immediately.
    Continued complicity by the CFTC, especially as it relates to the blatant Silver Price Manipulation
    which the general public is becoming increasingly and incrementally aware of would constitute or at
    least present the extremely strong appearance of dereliction of duty on behalf of the public trust, if not
    playing the role of enabler in the apparent ongoing fraud, by the likes of JPMorgan and other "Bernie
    Banking" institutions, which under TARP and FED Actions in continuing "crises" have become even
    "too bigger to fail", thus enabling them to continue to make increasingly risky speculative "bets" with
    very heavy leverage, and almost certain guarantee of continued monolithic bailouts in the event of
    inevitable failure.., which combined with continued massive paper "money" printing at THE FED, is a
    recipe for INSTANT HYPERINFLATION.
    Thank you for taking into serious consideration the extremely important regulative mandate of the
    CFTC, and ramifications of continued complacency and inaction regarding the blatant ongoing fraud,
    US Currency and economy.
    Most Sincerely,
    Patrick Gentry