Comment Text:
10-005
COMMENT
CL-00423
From:
Sent:
To:
Subject:
Milton Newberry
Tuesday, April 20, 2010 5:51 PM
Metals Hearing
Proposed Federal Speculative Position
To MR David Stawick, Secretary, CFTC
Dear Sir; Thank you for the oppurtunity 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. Thank you for all your efforts to improve the integrity of our markets.
Sincerely, M.A. Newberry Sr. 1402 Comal Ave. Pasadena TX 77506-4022
IN GOD WE TRUST! -Big M
