Comment Text:
10-005
COMMENT
CL-00316
From:
Sent:
To:
Subject:
barry
Saturday, April 24, 2010 10:04 AM
Metals Hearing
COMEX silver futures
Dear Sir,
Public doubt of all monetary regulation is undermining all equities. Failure to be transparent and solvent
in down trends will cause a massive systemic failure of first world countries.
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. Our future is in your hands. Stop the risk. please protect our wealth with less leverage.
Barry Carney
