Comment Text:
10-005
COMMENT
CL-00533
From:
Sent:
To:
Cc:
Subject:
Beaver Hill Auctions
Friday, April 16, 2010 5:11 PM
Metals Heating
[email protected]
position limits on precious metals
Dear Sirs;
Thank you for the opportunity 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 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,
Doug Verstraete
Silver Bullion Investor