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Comment for Proposed Rule 76 FR 4752

  • From: Peter Van Dyck
    Organization(s):
    Citizens for Rationality in Government

    Comment No: 33674
    Date: 3/28/2011

    Comment Text:

    Please implement effective position limits to help stop the ongoing COMEX market manipulation by the large banks that have recklessly destroyed our free market system. Silver has the largest short concentration of all the commodities and position limits in silver should be implemented immediately. A reasonable limit is no more than 1,500 contracts or 7.5M ounces.

    Whom of you really thinks that it makes any sense that banks have nothing but good intentions in mind when they hold massive positions in markets they are using for their own ends, unscrupulous profits and destruction of free markets. Why can you not see what is right in front of your noses? Your very own GREED is showing by not restraining this so obvious manipulation and control for nothing other than dishonorable control for self enrichment and selfish gain. STOP THIS RIGHT NOW. It's so obvious your afraid to do the right thing. So why not start here doing the task properly that you were empowered to do when you took your positions. How feeble you appear in your roles as overseers of a so blatantly rigged market. And believe me I know that you know what your doing, or not doing (your job) is so putrid that I could smell it from Mars. Please, DO YOUR DAMN JOB, not the one that your not doing now, the one where you were selected to protect all investors, not just the powerful ones that give you their nefarious support.

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