Comment Text:
10-005
COMMENT
CL-00289
From:
Sent:
To:
Subject:
Kenneth Gregie
Saturday, April 24, 2010 11:06 AM
Metals Heating
COMEX Silver
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21 st Street NW
Washington, DC 20581
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.
Please use what is within your powers to act on this important matter. I think this is vital for the
markets and it is in the best interests of the American public. The time to act is now.
Sincerely,
Kenneth J. Gregie, DDS
April 24,2010
