Comment Text:
10-005
COMMENT
CL-00319
From:
Sent:
To:
Subject:
David Or Kathy Dunlap
Saturday, April 24, 2010 9:47 AM
Metals Hearing
Silver Position Limits
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals.
Manipulation within the metal markets must stop. The recent revelations about irregularities in the
silver market requires action from our Federal Government. These are the kind of actions that must
be taken if their is any chance of the Government regaining the peoples comfidence.
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.
Sincerely,
David J. Dunlap