Comment Text:
10-005
COIMMENT
CL-00566
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Sent:
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Subject:
Boggess, Sam
Thursday, April 15, 2010 4:37 PM
Metals Hearing
position limits on COMEX silver
Dear Sir:
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. Importantly, please restrict any
hedging exemptions from this limit to legitimate hedgers. This should go a long way toward eliminating
the appearance that this market is being actively manipulated by one or two massive short sellers who are not
legitimate hedgers.
For the record, I am a small investor with modest long positions in SLV and physical silver.
Yours sincerely,
Sam F. Boggess
525 Sheriff Anglin Road
Burnsville, NC 28714
828-682-7779
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