Comment Text:
I believe and tell everyone I know that the Silver market is not working in accordance with
the spirit that a futures exchange is intended. Allowing huge, out of proportion positions held by
a single entity has the power to abridge the natural price discovery mechanism that a healthy market
elegantly has. I implore you to readjust the position limits down to 1500 contracts by any single speculator, on an all-months-combined basis.
The playing field needs to start becoming more level. The system has to stop having the potential
to be gamed by powerful, allready wealthy interests. It would be reassuring if someone in a position
of trust would stand up and do what is right and fair.
I will be watching closely the outcome of this matter and commenting to everyone who will listen.
Respectfully,
Edward Gainey
