Comment Text:
To whom it may concern:
Please institute a 1500 contract limit on silver trading. JP Morgan recently sold short an additional 6000 silver contracts. This is a clear market manipulation. This one bank holds 25,000 short contracts, which represents 25% of annual world production. Is there any way to interpret this other than manipulation? If it isn't stopped here, then what's to prevent large institutions from doing the same with, say, corn, coffee or oil? It can only stop if the CTFC places a position limit.
Thank you,
Susan Duggan
