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Comment for Proposed Rule 75 FR 71379

  • From: robinson walker
    Organization(s):
    retired

    Comment No: 27291
    Date: 1/24/2011

    Comment Text:

    Dear Mr. Bart Chilton:

    What happened exactly with your commission's inability to prevent
    (the gold) & silver short positions" banks (JPMorgan, et tal) to maintain
    their complete dominance over the PM markets?

    I "assume" (ha!) the political strength of JPM was just too great for CFTC to prevail; another very sad day for transparency & honesty, & look what immediately is happening as a result.. continual gross take down of the AU & AG prices... NOT just a "correction", but continual gross manipulation as GATA has substaniated for years.

    What can we do? What is CFTC planning to continue the fight?

    Are the big boys just too much in political control?

    Very Sincerely, & Concerned retiree,

    Robinson Walker

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