Comment Text:
10-005
COMMENT
CL-00323
From:
Sent:
To:
Subject:
Ryan Crawford
Saturday, April 24, 2010 9:19 AM
Metals Hearing
CFTC meeting on March 25th
Dear Sir;
Thank you 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.[] I do find it appalling that large banks are allowed to take such
extreme short positions to essentially suppress the price of silver.[] Please end this manipulation.
Sincerely,
Ryan Crawford
