Comment Text:
I'm truly stunned that the organizations and individuals who are to be regulating the exchange would allow such inappropriate actions by large investment houses and banks that are going on today with the large silver short positions held by JPM, Bank of America and others.
I do believe there should be a position limit on derivatives and 1500 would seem to be an appropriate amount, although I feel perhaps in the 1200 range would be a better number.
I have a difficult time understanding why some people believe they can manipulate a market for their own gain at the expense of other investors without there being some consequence for their actions. It is past time we put a stop to this sort of theft and bring these institutions to justice.
This is the right time to do do the right thing.
