Comment for Proposed Rule 76 FR 6095
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From:
Jon D Pike
Organization(s):
Comment No:
35376
Date:
4/2/2011
Comment Text:
Dear Chairman Gensler and Commissioners,
The current formula of 5,000 contracts is equivalent to .25 million ounces of silver. This represents far too great of a threshold in light of the actual mining output of the world's silver mines. Please institute a 1500 contract (7.5 million ounce) position limit for silver.
Thank you for your consideration to this important matter,
Jon D. Pike
