Comment Text:
10-005
COMMENT
CL-00481
From:
Sent:
To:
Cc:
Subject:
Tom & Natasa Dolan
Monday, April 19, 2010 4:29 AM
Metals Hearing
[email protected]
My Recomendations based on the CFTC Meeting on 25Apr10
1. I compliment the CFTC for holding the subject hearing, however as a silver & gold coin holder for over l0
years (75% of my retirement money is in these coins), I fear it may be too little, too late unless substantial
changes are made to the existing procedures regarding position limits and the concentration in silver and gold.
2. I have worked long and hard to earn my retirement savings, now I am 80 years old and I see only that my
retirement purchasing power is steadily declining substantially. For example, see graphs of
Friday's (17 April), 24 hour spot silver and gold charts from Kitco. This is a common example of flagrant
destuction of my retirement savings ( after 40 years in the aerospace & defense industry) which, for me is
irreplaceable. Although it was "only" 1.6% down in gold and 2.7% down in silver (each within a period of
less than 2 hours!). This timing is not indicative of mass selling throughout the day by the "little guys" but by
the "big money" with one phone call!
3. I AM BEING ROBBED IN BROAD DAYLIGHT AND NOBODY IS DOING ANYTHING ABOUT IT!!!
4. I see the CFTC as my only hope to control this flagrant, criminal behavior. You are on the right path.
Godspeed!!!
Thomas J. Dolan, BSME, Illinois Institute of Technology, 1945, MSEA, Von Karman Institute for
Experimental Aerodynamics, Brussells, Belgium, 1957, MSAE, University of Southern California, 1963.
USAF single-engine jet pilot, FAA certified Aircraft Accident Investigator. Principal Engineer : Trisonic Wind
Tunnel, NASA Apollo Command & Service Module, NASA Space Shuttle, NAA Sabreliner/T-39, Boeing
767, USAF Rockwell B-1 Bomber, USAF Global Positioning Satellite System and NASA Space Station
Modules.
Thomas J. Dolan
dolans 13 @gmail.com
