Comment Text:
I strongly urge the CFTC to place hard limits on commodities, especially gold and silver that have ENORMOUSLY POWERFUL CONCENTRATIONS of shorts and other positions fraught with the potential or actual corruption/market manipulation. The top 4 banks, especially JP Morgan Chase, have enormous short positions in the precious metals. An example would be 1,500 contracts as a limit.
I also strongly urge the CFTC to investigate potential criminal precious metal market manipulation by the big 4 banks engaged in huge short postiions.
Leigh Anderson
