Comment Text:
10-005
COMMENT
CL-00789
From:
Sent:
To:
Subject:
Jim Giebel
Monday, April 12, 2010 11:20 AM
Metals Heating
Position Limit
To whom it May Concern:
Thank 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. 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,
Jim Giebel
Energy Coordinator, LEED AP
City of Saint Paul
Office of Financial Services
Real Estate Section
25 West Fourth Street
1000 City Hall Annex
Saint Paul, MN 55102-1660
Direct Dial: 651-266-6138
Fax: 651-266-8855
[email protected]
