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Comment for Proposed Rule 76 FR 4752

  • From: John B Welch
    Organization(s):
    None. Retired. Private Citizen

    Comment No: 28753
    Date: 2/24/2011

    Comment Text:

    I strongly believe that the number of silver contracts allowed to be purchased should be limited to 1500-2000. That would limit speculation to 7,500,000-10,000,000 ounces of silver. This should be plenty for legitimate hedging while limiting price fixing and undesirable market manipulation.

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