Comment Text:
10-005
COMMENT
CL-00406
From:
Sent:
To:
Subject:
secretary
Wednesday, April 21, 2010 8:24 AM
Metals Hearing
FW: Position limits on precious metals
..... Original Message .....
From: Michal Safranek [mailto:[email protected]]
Sent: Tuesday, April 20, 2010 8:03 PM
To: secretary
Subject: Position limits on precious metals
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 gold and 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,
Michal Safranek
