Comment for Proposed Rule 76 FR 4752
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From:
Frank Hoopes
Organization(s):
Private
Comment No:
33730
Date:
3/28/2011
Comment Text:
Dear Chairman Gensler and Fellow Commissioners:
Please readjust the proposed formula regarding Silver.
The 5000 contract formula is equivalent to 25 million
ounces of Silver, which is much too high in light of the
realities of the world Silver market.
Please institute a 1500 contract ( 7.5 million ounce )
position limit for Silver, which would seem to be much
more fair.
Respectfully submitted,
Dr. and Mrs. Frank Hoopes
