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Comment for Proposed Rule 76 FR 4752

  • From: David Casciano
    Organization(s):
    ind.investor

    Comment No: 33900
    Date: 3/28/2011

    Comment Text:

    It is so blatantly obvious what is going on if one spends serious time and effort in the silver markets.Their is the blessing of the internet which nonmainstream media is only exposing.Since Andrew Maguire whistleblowing and then almost being killed with no follow up.Continued egregious naked shorting being done by the too big too fail bullion banks.Mr. Christan exposed leverage @ 100 to 1.Thats fractional reserve commodity manipulation.Subprime nightmare was 30ish to 1and we all know what happened.Im embarrassed that a gov. reg. agency took this long to enforce far markets .Why wasn't this revelation forthcoming prior to the exposure.The activity by the banks and overlooked by this agency is criminal..the continued manipulation indicates who is running the show and is downright disgusting ,dreadful and unfair for the majority of us who havent been allowed to enjoy true price discovery which equates to profits and protection to our HONEST money.Only the manipulaters and high frequency traders in the know have truly realized the benefits of their 2 sided bets.Shame on you people /committee in charge of this fraud which has been exposed for years.See any of gATA or TEd Butler or Harvey Organs hard honest work.Question ,with such scrutiny and passion and smoking guns how does this regulatory body have the audacity to continue to insult us with inactivity and bureaucracy .Question,with the exposure of JP MORGAN visa vie the numerous lawsuits charged against them for this alleged fraudulent behavior,how do you allow the cme to give them status as a vault for physical silver....thats CRAZY...Wake up do you think were stupid.Thats like having the fox watch the hen house.STOP and do your job that we the taxpayers have funded you to do..DO THE RIGHT THING.YOU kNOW WHAT IT IS. IF YOU DONT ASK GATA JIM SINCLAIR JIMRICKARDS to name just a few.They will help and probably pro bono.For the ancillary work im sure many of us who have been ripped off enough we will give back and voluntarily help the cftc do the job they were suppose to.Please citizens write to cftc and voluntare for true and transparent price discovery for all manipulation of all commodities.

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