Comment Text:
Why it the CFTC considering a 5,000 contract limit in silver futures? Is it because the bullion banks (or their employees who have rotated into high government positions) and the CME don’t want you to end their profitable manipulation in silver futures that has persisted so long? This manipulation is not good for the economy in general because the distorted silver price (like the distorted unemployment and inflation figures) prevents good economic decisions from being made by the government and private companies alike.
Now is the time to enact a 1,500 contract limit, similar to that imposed for other commodities. Please, no more pussyfooting, no more delays.
