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Comment for Proposed Rule 76 FR 4752

  • From: Tim Senger
    Organization(s):
    Kwikfit4u

    Comment No: 28047
    Date: 2/23/2011

    Comment Text:

    Fair and appropriate position limits in silver should be NO MORE than 1,500 contracts or 7.5M ounces. The current proposed limit of over 5,000 contracts WILL NOT SOLVE THE PROBLEM OF MANIPULATION IN SILVER! The 1,500 contract limit is the correct amount and is STILL greater than any other current concentration in physical commodities traded on the COMEX.

    Why is it so different for silver? The USA is supposed to be the leader in the free market but the manipulation in gold and silver is not a free market. Let the market be free, PLEASE.

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