Comment Text:
February 23, 2011
Open letter to CFTC
Dear Commissioners:
I am new to the precious metals world. I've been reading many sources for about six months. Since the silver market is so small relative to other commodities, it seems wise to keep the limits lower to avoid manipulative activity. Arguably, silver is currency as well as a commodity so a lower limit seems most appropriate. I have read some suggesting 1500 contracts maximum. That seems reasonable.
Appreciate your work on this matter. Know that it really has major impacts as we move forward in an uncertain world.
Robb Drury
