Comment for Proposed Rule 76 FR 4752
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From:
James L Marable
Organization(s):
Private Individual
Comment No:
28091
Date:
2/23/2011
Comment Text:
The manipulation by large banks is just killing the little guy like me! End this! 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.