Comment Text:
Silver Position Limits.
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 silver manipulation.
The 1,500 contract limit is the proper amount and would still be greater than any other current concentration in physical commodities traded on the COMEX.
Do the right thing...
FIX THE PROBLEM WITH NO MORE THAN 1,500 CONTRACTS IN SILVER!