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Comment for Proposed Rule 76 FR 4752

  • From: Maynard L Monroe
    Organization(s):
    None

    Comment No: 29178
    Date: 2/25/2011

    Comment Text:

    I have followed the Gold and Silver market for over 10 Years. I read Sinclair, Trader Dan, Casey, GATA releases and other various publications. I consider myself well read and knowledgeable on historical and current events.

    I agree with Ted Butler--5,000 silver futures contracts goes beyond all reason. His recommendation of 1,500 seems reasonable.

    I have been following your efforts over the past several months. We all had high hopes in the beginning. I know that you have a lot on your plate but this seems like a no brainier and quite simple to resolve. It appears that you are protecting the to big to fail and forgetting the people. The raid on silver and gold in the quiet time of 2/24/2011 is a perfect example of the manipulation by the too big to fail.

    In summary, this does not appear to be a difficult decision; if you want to do right by the independent investor and the people--just put resonable limits on the number of contracts.

    Maynard Monroe

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