Comment for Proposed Rule 76 FR 4752
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From:
Chris Paul
Organization(s):
None
Comment No:
28910
Date:
2/24/2011
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 does silver have a larger contract position (% wise ) than most to all others?
This should be investigated by an independent panel.
Thank you
