Comment Text:
1,500 contracts or 7.5M ounces should be the position limits--that number is quite fair. 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. Quit allowing the wealthy bankers to commit widespread fraud on a daily basis.
