Comment Text:
10-005
COMMENT
CL-00731
From:
Sent:
To:
Subject:
Edward Runge
Monday, April 12, 2010 7:57 PM
Metals Hearing
Precious metals market manipulation
Dear Sir;
On March 25th, I wrote to you regarding precious metals market manipulation. Now that the hearing
has been held, I hope you will act to stop this activity. Accordingly, I recommend you seriously
consider Ted Butler's recommendations which are as follow:
1. Establish a speculative position limit in COMEX silver of no more than 1500 contracts.
2. Restrict any hedging exemptions from those limits to legitimate hedgers.
3. 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,
Edward Runge
