Comment Text:
In regards to the large short positions in the precious metals market and the ongoing investigations of manipulation the subject of position limits must be addresses. This has gone on for FAR TOO LONG!!! There could be no manipulation without positions being as large as they are. With the overwhelming evidence of manipulation from such direct sources as Andrew McGuire and the tireless work of Theodore Butler it should be obvious that position limits need to be addressed. This must stop. The manipulations are criminal and the profits these few banks are reaping at the expense of other investors is criminal and against all free market theory. Please enforce a 1,500 contract limit for all positions in all markets. This will alow legitimate hedging and eliminate the possibility of manipulation of the paper price of all commodities. Ultimately the consumer pays the price for the lack of oversight from the commodity exchanges and the CFTC. Please do your jobs and enforce 1,500 contract limit on all positions, especially any that are speculative. Thank you for listening.
