Comment Text:
10-005
COMMENT
CL-00340
From:
Sent:
To:
Subject:
David Keyston
Friday, April 23, 2010 11:41 AM
Metals Hearing
COMEX silver position limits
David Stawick, Secretary, Commodity
Futures Trading Commission, Three Lafayette
Centre, 1155 21
st
Street, NW, Washington, DC ref: Proposed Federal Speculative Position
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 as well 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.
It is imperative that such egregious compromises to the integrity of the CFTC be rectified and freedom
of commodity price action in the marketplace be preserved. Your knowledge of intentional market
manipulation (i.e., the Andrew Maguire confirmations of manipulative shorting by JP Morgan as well
as 20+ years of notifications from such as Ted Butler, et al.) requires you to act on behalf of the
American investment public. Please do so in a meaningful way.
Thank you for all your efforts to improve the integrity of our markets.
Sincerely,
Dave Keyston
208.255.2407
