Comment Text:
10-005
COMMENT
CL-00126
From:
Sent:
To:
Subject:
[email protected]
Sunday, April 25, 2010 2:44 PM
Metals Hearing
Proposed Federal Speculative Position
Dear Mr Stawick, Gensler et al,
Thank for the opportunity to comment on the issue of position limits for precious metals. Please establish a
speculative position limit in COMEX silver of no more than 1500 contracts. Please restrict any hedging
exemptions from those limits as well to legitimate hedgers. Please stop the levels of concentration in COMEX
silver futures that have been experienced over the past few years on the short side of the market.
In this age of computerization, I would also like to see all available information pertaining to the market being
made available on a daily basis. Obfuscation and delays favor the concentrated shorts. I was one of those
who was shorn in the silver meltdown courtesy of JP Morgan.
Thank you for your efforts to obtain some much needed integrity for the metals markets.
Sincerely,
Steve Skinner
22 Cedar Meadow Lane
Media PA 19063
