Comment Text:
10-005
COMMENT
CL-00632
From:
Sent:
To:
Subject:
Ruth Blackwell
Wednesday, April 14, 2010 8:19 AM
Metals Heating
Position limits for precious metals
Good morning,
Thank for the opportunity to comment on the issue of position limits
for precious metals. I am asking you to please establish a speculative
position limit in COMEX silver of no more than 1500 contracts. In
addition, 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,
Ruth Blackwell
Mason, Ohio