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Comment for Proposed Rule 76 FR 4752

  • From: Walt Lightfoot
    Organization(s):

    Comment No: 28634
    Date: 2/24/2011

    Comment Text:

    CFTC members:

    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.

    We all know the manipulation game in silver, let's end it now. Government is supposed to be for the people, not for the benefit of bankers.

    Thank you.

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