Comment Text:
I appeal to the CFTC to stop the manipulation of the silver market that has been going-on for so long
The CME and the bullion bank’s price management in silver [and gold] must be terminated; that is I understand the CFTC’s remit by law and the true intention of the enactment should prevail.
Further it seems obvious, from my understanding after ten years following precious metals markets, that a position limit in silver of 1,500 contracts is far closer to what is needed, than the 5,000 limit which I believe is being considered.
A 1,500 contract limit would bring silver in-line with other commodities and stop illegal manipulation.
With so much malpractice in the Financial World having been allowed to cause so much pain and hardship, which will be suffered by ordinary people for many years to come both in the US and in Europe, the CFCT has a glowing opportunity to show increasingly informed citizens that financial corruption will neither be condoned or tolerated by US lawful authorities and due process will be enforced in future.
