Comment Text:
10-005
COMMENT
CL-00173
From:
Sent:
To:
Subject:
hgh
Saturday, April 24, 2010 10:14 PM
Metals Hearing
silver limits
Dear Sir,
I am 70, the widow of a farmer. Almost all I have from selling the farm is invested in silver. I
knew it was a small--and therefore volatile--market. But it didn't occur to me how massively it
could be manipulated.
I so appreciate your taking on the issue of position limits for precious metals. A limit in COMEX
silver of no more than 1500 contracts seems entirely reasonable. Exemptions should go
to legitimate hedgers only. The short positions in silver futures experienced over the past few years
has had nothing to do with legitimate hedging.
Sincerely,
Harriet I-lodges
2049 Windsor Avenue SW
Apt 13
Roanoke, VA 24015
