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Comment for Proposed Rule 76 FR 4752

  • From: Tony Bradshaw
    Organization(s):
    Gold Anti Trust Action Committee

    Comment No: 30766
    Date: 3/1/2011

    Comment Text:

    Dear Commissioner,

    As an Australian investor I am affected by commodity price moves the same as investors residing in the United States. I believe that large banks are manipulating the COMEX resulting in unfair valuations of precious metals, copper and commodities.

    To balance the investing field, I believe that no more than 1,500 contracts is the appropriate concentration limit for the COMEX Silver market.

    Please consider the affect of this market on the rest of the world. With a reasonable silver price it would mean employment for millions more people around the world in silver mining and mining service industries. This will assist people who have been adversely affected in the current global recession.

    Yours Sincerely,

    Tony Bradshaw

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