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Comment for Proposed Rule 76 FR 4752

  • From: Malcolm B. Mathieson Sr
    Organization(s):

    Comment No: 28505
    Date: 2/24/2011

    Comment Text:

    To the Commodities Futures Trading Commission:

    Gentlemen:
    In my opinion, as a citizen of the U.S., I believe that 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. Thank you for your attention to this matter.
    M. B. Mathieson Sr

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