Comment Text:
10-005
COMMENT
CL-00367
From:
Sent:
To:
Subject:
secretary
Thursday, April 22, 2010 8:32 AM
Metals Hearing
FW: Manipulation
I=rom: Allan Clarke [mailto:[email protected]]
Sent:
Wednesday, April 21, 2010 11:37 PM
To:
secretary
Cc:
T Butler Research
Subject:
Manipulation
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals.
I
am an Australian retail investor in both the financial and precious metals markets and quite
frankly I decry the blatant abuse of privilege being
exhibited in the Gold and Silver market by certain large players.
I request of you to 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,
Allan W Clarke
