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Comment for Proposed Rule 76 FR 4752

  • From: Parker Davis Esq.
    Organization(s):
     None

    Comment No: 28134
    Date: 2/23/2011

    Comment Text:

    Fair and appropriate position limits in silver should be NO MORE than 1,500 contracts or 7.5M ounces. The current proposed limit of over 5,000 contracts WILL NOT SOLVE THE PROBLEM OF MANIPULATION IN SILVER! The 1,500 contract limit is the correct amount and is STILL greater than any other current concentration in physical commodities traded on the COMEX.
    As I am retired and survive on a fixed income, fair silver practices are my only hope for the future

    Thank you,
    Parker Davis

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