Comment Text:
10-005
COMMENT
CL-00484
From:
Sent:
To:
Subject:
belinda weir
Monday, April 19, 2010 12:05 AM
Metals Hearing
the manipulation of the silver market by the bullion banks
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals.
Whilst there were a few reasons offered to justify what can only be described as blatant market
manipulation, those representing these heavy weight banks cannot hide the remarkably simply
evidence of years of records that are the evidence of it.
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,
Belinda Jane Weir
bindipax@ya hoo.com
