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Comment for Proposed Rule 76 FR 4752

  • From: Raymond W Baybut
    Organization(s):
     Investor

    Comment No: 28673
    Date: 2/24/2011

    Comment Text:

    Dear Sir/Madam,
    This is how i feel, :-

    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,

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