Comment Text:
We the peoples of the world have a say in strengthening the legitimacy and the accountability, and organisational integrity of CFTC regulation of the silver market. Thus, a balanced and appropriate silver regulation would implement 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.
This information will be circulated in universities in Europe and beyond.
Warm regards from Copenhagen
Troels Ketel Nørballe
