Comment Text:
1,500 contracts or 7.5M ounces should be the absolute maximum for the new position limit.
The current proposed limit of over 5,000 contracts WILL NOT SOLVE THE PROBLEM OF MANIPULATION IN SILVER BECAUSE SILVER IS A SMALL MARKET AND 5000 CONTRACTS WILL ALLOW THE CONTINUATION OF MARKET MANIPULATION!
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.
Please amend your proposed position limits accordingly.
