Comment Text:
CFTC Members,
I am a retired university professor and have been following the discussions about the manipulation of silver and gold prices for years. It is obvious that JP Morgan and others are intentionally manipulating the price of these metals to their gain. Isn't this illegal? The Hunt brothers did so on silver and they were penalized.
Here is the questions for which I would like a response. You are appointed to serve the public. I assume you receive compensation for this from taxpayers like me. We need hard limits on silver and gold short positions with no exemptions permitted. Please advise why you should remain a member of the CFTC when you have done nothing to stop the illegal actions of the major bullion banks?
I look forward to your reply.
David Sellars, Ph.D.