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Comment for Proposed Rule 76 FR 4752

  • From: Shane Christiansen
    Organization(s):
    Individual Investor

    Comment No: 30289
    Date: 2/27/2011

    Comment Text:

    It is well past due for the CFTC to require reasonable position limits on precious metals contracts, particularly silver. A requirement for no more than 1500 contracts would be in line with those in other markets, and would not only be reasonable, but prevent the criminal manipulation of the markets that distinctly appears to have been carried out repeatedly for years by a very few large banking institutions. In my opinion there was no reason for the delay, as the manipulation has been obvious for all to see for the past decade. It makes me wonder whether the CFTC is part of the greater ponzi scheme? Please give this your prompt attention.

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