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

  • From: Leon Blood
    Organization(s):

    Comment No: 23154
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-02855
    April 10, 2010
    Dear Sirs-
    Thanks for the ability to comment on position limits for the precious metals. As a metals trader I believe
    metal prices are being manipulated by large short positions established by the bullion banks. I believe
    that a speculative position limit of 1500 contracts for COMEX silver would prevent the bullion banks
    from controlling the price of silver. This practice is not fair to the average investor and should be
    regulated. Thank you.
    Leon Blood
    277 Upper Cross Road
    Lebanon, Maine 04027