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.
Stop capitulating to the banks and do the right thing. Make it a fair 1500 contracts and stop the financial games they are playing. It IS the right thing to do. These guys caused the problems, let's not help them continue!
