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Comment for Proposed Rule 76 FR 4752

  • From: Gary F. Schauer
    Organization(s):
    Individual Investor

    Comment No: 33018
    Date: 3/26/2011

    Comment Text:

    I am a stock and silver investor. I check on the silver spot price about every 30 minutes. It is very evident that every 2-3 days, a big seller(s) drives the silver price down and than appears to buy-in after scaring some investors to sell. We absolutely need position limits!!! A 1,500 positon limits would still allow control of 7.5 million ounces of silver.

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