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Comment for Proposed Rule 76 FR 4752

  • From: Ryan Jordan
    Organization(s):

    Comment No: 28549
    Date: 2/24/2011

    Comment Text:

    I urge the commission to adopt the contract limit of 1500 contracts. The current limit at 25 million ounces represents a number far greater than what the majority of silver miners bring out of the ground each year. In addition, hardly any corporation or bank possesses a legitimate need to buy so many contracts for a need to hedge. I believe it is the duty of the commission to defend a free and fair market in silver.

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