Comment Text:
CFTC:
I am also in favor of position limits. Excessive contracts and naked shorting by big banks (often using our very own money) is almost criminal. It is price suppression and manipulation. It has very little to do with free markets when contracts can exceed available supply (which at the moment is non existent) and foreseeable supply.
It's time to let the markets operate freely. If people want to invest in currency let them do so. There is simply no "price discovery" when banks are allowed to manipulate and suppress free markets with paper.
