Comment Text:
10-005
COMMENT
CL-00721
From:
Sent:
To:
Subject:
[email protected]
Monday, April 12, 2010 9:50 PM
Metals Hearing
Dear Sir:
Thanks you for the opportunity to comment on the issue of poaition limits for precious metals. Would
you please establish a speculative position limit in COMEX silver of no more 1200 contracts-1500
contracts max. Please restrict any hedging exemtions 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.
Thank you for your attention to this most important issue.
Sincerely,
Charles E. Spencer
P.O. Box 871350
Wasilla, Alaska 99687