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Comment for Proposed Rule 76 FR 4752

  • From: Ken VanderPloeg
    Organization(s):

    Comment No: 30114
    Date: 2/26/2011

    Comment Text:

    Silver Position Limits.

    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 silver manipulation.

    The 1,500 contract limit is the proper amount and would still be 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!

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