Comment Text:
10-005
COMMENT
CL-00281
From:
Sent:
To:
Subject:
Charles Hargrove
Saturday, April 24, 2010 11 16 AM
Metals Hearing
Position Limits For Precious Metals
Dear Sir;
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 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. We certainly don't
need a repeat of a lopsided market like the Hunt Brothers in 1980!
Sincerely,
Charles J. Hargrove
(Individual Investor/"201K" Holder/Taxpayer)
Charles J. Hargrove - N2NOV
NYC ARECS/RACES Citywide Radio Officer/Skywarn Coord.
NYC-ARECS/RACES Net Mon. @ 8:30PM 441.100/136.5 PL & 145.230/114.8 PL
http://www.n,/c-arecs.org and
http://www.n,/c-races.org
NYDXA SWL & Scanner Net Wed. @ 9PM 441.100/136.5 PL & 145.230/114.8 PL
http://www.n2nov.net
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