Comment for Proposed Rule 76 FR 4752
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From:
Christopher Kniel
Organization(s):
Project Engineering Mgr - Ret. (LBNL)
Comment No:
33615
Date:
3/28/2011
Comment Text:
Silver manipulation - CFTC is supposed to protect the public from FRAUD and MANIPULATION
Please implement effective position limits to help stop the ongoing COMEX market manipulation by the large banks that have recklessly destroyed our free market system. Silver has the largest short concentration of all the commodities and position limits in silver should be implemented immediately. "Immediately" means now—no more procrastination, no more study, no more excuses.
A reasonable limit is no more than 500 contracts or 2.5M ounces.
