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Comment for Proposed Rule 76 FR 4752

  • From: Paul M. Coe
    Organization(s):
    Private investor

    Comment No: 31183
    Date: 3/8/2011

    Comment Text:

    According to the latest COT and Bank Participation Reports JP Morgan increased its net silver short position to 25,000 contracts. Why isn't a bank holding such a massive short position in a relatively tiny market considered concentration and therefore manipulation? Where is the physical silver? The CFTC must act to stop this outrage with a 1500 contract position limit.

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