Comment Text:
Dear Sirs,
As an investor, I am very concerned about the continual talk of fraud and manipulation of the markets, particularly in the Silver market.
I believe that the current proposal of 5,000 contracts WILL NOT solve the ongoing problems, or perception of manipulation of the market.
My proposal is that a fair and appropriate position limit in silver should be NO MORE than 1,500 contracts or 7.5M ounces.
I believe that this is would represent a good position to bring some transparency back to the silver market, and would help to eliminate the widely-held belief that the market is being manipulated.
Thank you.
Yours sincerely,
Chris Green,