Comment Text:
Please institute a 1500 contract (7.5 million ounce) position limit for silver. Why wouldn't the CFTC help refrain several large entities from cornering the silver market?
I would urge anyone willing to listen that the continued blind eye toward the obvious manipulation that has been going on by several large entities for quite some time is probably illegal in some fashion once this all comes out.
The silver market and possibly even gold is going to implode sooner or later. It's a given and I think you realize this. Please institute a 1500 contract (7.5 million ounce) position limit for silver.
The CFTC might as well be on the safest legal side of this when it all comes out in the future as it's only a matter of time before this gets ugly.
Give the markets back to the 99% of the market and stop the priveleged and protected banks (JPM) from screwing everyone over because they made a HUGELY CALCULATED WRONG short positon long ago.
When is it time for the market to be a truly free market that is also free of big money and influence?
Everyone knows exactly what is going on as do you.
Just do the right thing. Please?
Let JPM end up on the wrong side of a trade FOR ONCE. Damn the torpedoes.
Thank you
