Comment Text:
10-005
COMMENT
CL-00607
From:
Sent:
To:
Subject:
Paul Cahill
Wednesday, April 14, 2010 5:44 PM
Metals Heating
COMEX Silver Hearing in March, 2010
Dear Sir:
Thank you for holding the recent public hearing on the issue of position limits for precious metals and the
opportunity to comment on this issue. Please establish a speculative position limit in COMEX silver of no more
than 1500 contracts, restrict any hedging exemptions from those limits to legitimate hedgers, and stop the levels
of concentration in silver futures that have been evidenced over that past several years on the short side of the
market. Similar comments would apply to gold contracts, particularly with respect to the short side
concentration issue.
Sincerely,
Dr. Paul J. Cahill
[email protected]
