Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 76 FR 4752

  • From: Mark R Winters
    Organization(s):
    PRIVATE INVESTOR

    Comment No: 33738
    Date: 3/28/2011

    Comment Text:

    Dear CFTC:

    SUBJECT: IN SUPPORT COMMODITY POSITION LIMITS

    It is clear the message the public is sending the CFTC-on the issue of commodity position limits, particularly, gold and SILVER. The common man all over the world needs an alternative to the blizzard of paper created by governments and by extension, their Central Banks. These alternatives, commodities (especially gold and silver), need to trade in true free markets, of willing buyers and sellers, and not a market that is able to be controlled / manipulated, by said governments and Central Banks, due to their sheer scale.

    The majority in favor (99%) have covered things very well, so I will keep this short and close with 2-famous quotes that sum up the situation.

    The First is from Benjamin Franklin:

    "The refusal of King George to operate an honest colonial money system, which freed the ordinary man from the clutches of the manipulators, was probably the prime cause of the revolution'.

    The Second is from Scott Adams (of DILBERT Fame):

    WEASEL ZONE: There’s a gigantic gray area between good moral behavior and outright felonious activities. I call that the WEASEL ZONE, and it’s where most of life happens. In the WEASEL ZONE, EVERYTHING IS MISLEADING.

    Explain the Weasel Zone. Where did the idea come from?

    It was this growing realization that everybody in authority seemed to be a weasel. So everybody who had an opportunity to steal money was in fact stealing it or rigging something or cheating in some way. Every few years my personal respect for humanity goes to a new low, and I know it's time to write another Dilbert book.

    End quotes.

    It's time to at least take the gray zone, from GIGANTIC, and reduce it to just an area.

    Do your job.

    Best regards,
    Mark R winters

Edit
No records to display.