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Comment for Proposed Rule 76 FR 4752

  • From: Martin Wetter
    Organization(s):
    private investor

    Comment No: 28609
    Date: 2/24/2011

    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."

    I'm not holding my breath for a change because I know how the "big boys" get protected, especially JP Morgan and Goldman Sachs, however I could not live with myself if I don't even try to reach out for honesty and Democracy. How about doing the right thing for America before we become another third world country with a currency that NO ONE will aceept.

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