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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

  • From: Amanda Elmgren
    Organization(s):
    Elmtree Group

    Comment No: 20347
    Date: 4/26/2010

    Comment Text:

    10-005
    COMMENT
    CL-00048
    From:
    Sent:
    To:
    Subject:
    amanda elmgren
    Monday, April 26, 2010 9:13 PM
    Metals Hearing
    Position Limits on Precious Metals
    To: David Stawick, Secretary, CFTC
    Dear Sir:
    Thank you for the opportunity to comment on the issue of position limits for precious metals. A
    speculative position limit in COMEX silver of no more than 1500 contracts is the position I request you
    establish.
    Please restrict any hedging exemptions from those limits as well to legitimate hedgers.
    Please stop the levels of concentration in COMEX silver futures such as have been experienced over the
    last few years on the short side of the market.
    Sincerely,
    Amanda Elmgren
    3448 McKinley Rd
    Johnson City, TN 37604
    The Elmtree Group
    423 -328-0646