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Comment for Proposed Rule 76 FR 4752

  • From: PATRICK IANNARELLI
    Organization(s):
    N/A

    Comment No: 28499
    Date: 2/24/2011

    Comment Text:

    I personally have been a victim of the largest speculators shorting the market as they single handily drove the price of silver from $20 to $8 an oz. in 2008. From what I understand they have been rigging the market and doing this for years profiting off the backs of small individual investors. I bought at the higher end and was forced to sell at the lower end. Please institute a 1500 contract (7.5 million ounce) position limit for silver.

    Sincerely,

    Patrick J. Iannarelli

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