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Comment for Proposed Rule 76 FR 4752

  • From: Thomas Jaggers
    Organization(s):

    Comment No: 29544
    Date: 2/25/2011

    Comment Text:

    Dear Commissioners,

    As an independent investor, US tax-payer, home-owner and father of two small children, I am concerned about my investments in silver and wholeheartedly agree with the request made below by Ted Butler. Please do what is right. Thank you.

    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.

    Do the right thing...

    FIX THE PROBLEM WITH NO MORE THAN 1,500 CONTRACTS IN SILVER!

    Thomas Jaggers

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