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Comment for Proposed Rule 76 FR 4752

  • From: ronald j susel
    Organization(s):
    retired investor

    Comment No: 30405
    Date: 2/27/2011

    Comment Text:

    I have followed gold and silver since 2001 and have watched the big banks manipulate both markets, especially silver. It seems like government agencies are beholden to wall street and are not protecting individuals. The Madoff affair is one example of gov. negligence even when individuals provided warnings. Same thing is happening with regards to the paper G/S markets. The evidence is enormous, including the daily trading charts which are very predictable. Anyone with an ounce of common sense can see it--why can't the CFTC. I believe you can but pressure from wall street and within is probably overwhelming. Do the right thing. Put position limits on silver per Ted Butler's limit of 1500 contracts.

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