Comment Text:
10-005
COMMENT
CL-00292
From:
Sent:
To:
Subject:
George Hoashi
Saturday, April 24, 2010 11:00 AM
Metals Hearing
Precious Metals Trading
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals. I
endorse these recommendations by Ted Butler:
"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."
Otherwise I request the CFTC to maintain free markets in al commodities.
Sincerely,
George Hoashi
