Silver Manipulation
Tuesday, July 14, 2009 8:04 PM
From:
"Mark Geib"
To:
Jsommers@cftc.gov, Bchilton@cftc.gov, Ggensler@cftc.gov
Cc:
fasttedb@bellsouth.net
Dear Sirs,
Please reference Ted Butler's recent article dated July 15th
http://www.investmentrarities.com/ted_butler_comentary.shtml
I concur that silver is manipulated and have been disappointed in the regulation of the commodity law for many years now. I applaud those who will correct this injustice.
I am quoting from Ted's article but this is my concern as well.
Please "reduce the position limits in silver to between 1000 to 1500 contracts, or please explain why that limit is not appropriate." Please "do away with the phony exemptions granted to a few big shorts or make transparent the reason why they are short... lower the silver limits to equal all other commodities and disallow phony exemptions."
Mark S. Geib, PE
Transportation Service Center Manager
Michigan Department of Transportation
10321 Grand River Rd.
Fonda Place, Suite 500
Brighton, MI 48116
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Not part of letter:
Got Silver/Gold/Tyhee/Etc?
SM
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