Comment Text:
10-005
COMMENT
CL-00342
From:
Sent:
To:
Subject:
Prugger Michael A Mr NGA-SNAW USA CIV
Friday, April 23, 2010 10:41 AM
Metals Hearing
Position Limits for Precious Metals
Dear Sir:
Thank you for the opportunity to comment on the issue of position limits
for the 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.
Sincerely,
Michael Prugger
