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Comment for Proposed Rule 76 FR 4752

  • From: Tom Stanley
    Organization(s):
    Private citizen

    Comment No: 29047
    Date: 2/24/2011

    Comment Text:

    I feel that appropriate position limits in silver should be NO MORE than 1,500 and preferably 1000 contracts or 5.0 - 7.5M ounces. The current proposed limit of over 5,000 contracts will not stop the manipulation in the silver market. A 1000 to 1500 contract limit is the correct amount and is STILL greater than any other current concentration in physical commodities traded on the COMEX. Thank you for your concideration.


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