Comment Text:
As a commodities trader I am sick and tired of The megabanks such as JP Morgan eating my lunch whenever they feel the silver price is too high. Its outrageous how they can short a years supply of silver when they do not have it. "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 doing your job.
Sirrah Lore
