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Comment for Proposed Rule 76 FR 4752

  • From: Bruce L Godfriaux
    Organization(s):
    Retired

    Comment No: 28942
    Date: 2/24/2011

    Comment Text:

    "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."

    I really believe this extremely needed. There is no sense in keeping this Ponzi Scheme going any further.


    Bellieve me when I say that so many people are now coming aware of the silver and gold manipulation that in six month no one in this country will have faith in the CFTC anymore.


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