Comment Text:
10-005
COMMENT
CL-00548
From:
Sent:
To:
Subject:
sbchristian
Friday, April 16, 2010 11:15 AM
Metals Hearing
Establish position limits in the Comex silver market
Secretary of the Commission,
Thank 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. It is long past time to stop the illegal manipulation of the silver and gold
market by the big bank and hedge funds.
Sincerely,
Stephen Christian
Phoenix, AZ
