Comment Text:
To The Commission,
The current proposed limit of over 5000 contracts for silver is outrageous! It's not
a limit at all! Silver has been manipulated by the big shorts for too many years
and the time to end this is now. The proposed 5000 contracts will keep
this illegal manipulation in place...no doubt that it why it was proposed.
A 1500 contract limit ( or 7.5m oz) would be more realistic and more than
fair, especially considering that this is still more than any other concentration
in physical commodities traded at the COMEX.
The CFTC needs to do its job and correct this before it blows up in their faces.
2011 is the year for the exposure of all things hidden, so they had better
come clean before they are forced to in unpleasant ways.
Sincerely,
Josefine Stark