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.
Us individual investors cannot compete with the big trading firms. There are more contracts being traded in silver than the amount of silver on the planet. Please give us a equal playing field.
Thank You,
Joe Vidov
