Comment Text:
Dear Chairman Gensler and fellow Commissioners:
The proposed position limit of 5,000 contracts on silver is still way too high. At current prices, that would be nearly $1 billion, still more than enough to continue the insidious manipulation that has been going on for nearly 10 years. In a small market, compared to gold, for example, 1000 contracts should adequately limit the excessive influence of single entities and promote a truly free market.
Sincerely,
Thomas Neidermeyer
