Comment Text:
TO; CFTC Board Members
I know you all are going through various steps to end what appears to be silver manipulation and promote fair play within the market. As a small investor, here is what I ask:
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 may/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.
Thanks for your consideration.
Dave Stafford
