Comment Text:
Sir:
To continue to allow the large banking institutions such as JP Morgan to hold such large positions of futures contracts, effectively allows those folks to rig the market price, and this needs to stop. It totally screws the public.
The Hunt Brothers attempted this same thing, to dictate silver prices, and it failed.
Commodities should rise to the true market value, not at someones whim no matter their financial position.
Sincerely
Ron Leonard