Comment Text:
10-005
COMMENT
CL-00813
From:
Sent:
To:
Subject:
secretary
Monday, April 12, 2010 9:20 AM
Metals Hearing
FW: Request for COMEX position limits on SILVER and gold contracts
From:
Rick Grant [mailto:[email protected]]
Sent:
Sunday, April 11, 2010 2:43 PM
To:
secretary
Subject-" Request for COMEX position limits on SILVER and gold contracts
Dear Secretary of the Commission, Chairman Gary Gensler and members of the commission,
Thankyou for the opportunity to comment on the issue of position limits for precious metals. I strongly
urge you all to establish position limits in the COMEX Silver of no more than 1500 contracts. Likewise
for COMEX Gold. 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 ast
few years on the
Short Side
of the market.
I am sure that you all are aware of the frustration of so many Americans with our government officials
in Washington. The turning a deph ear to the public has resulted in the surging Tea Party and the record
low approval ratings for both republicans and democrats in both houses. Look to the public reaction to
Harry Markopolos and his efforts to expose Bernie Madoff! NO BODY WOULD LISTEN!!!.
You all are in a position to correct the past abuses...I hope that you "are listening"
Sincerely,
Rick Grant
10390 S. Appleport Lane
Sister Bay, Wisconsin 54234
In N.Eastern Wisconsin
cc Senators Feingold and Kohl, Representatives Ron Paul and Steve Kagen
