Comment Text:
Feb. 24 2011
Attention C.F.T.C. officials:
I recommend, along with my fellow users on my facebook page Silver silver silver! Q2, a position limit of 4000 contracts (what we estimate to be a total position limit of 20%).
This is reduced from 5000 contracts (25%).
We believe the banks can afford this total limit on their buying.
More succinctly, we see that silver (at base, merely energy) is (if unregulated) bound to be "lost in the transaction."
Sincerely,
Jake Robbins
