Comment Text:
10-005
COMMENT
CL-00814
From:
Sent:
To:
Subject:
Matthew Powell
Monday, April 12, 2010 9:18 AM
Metals Hearing
Short side manipulation of the Silver market.
Dear Sir;
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,
Matthew Powell, Fremantle - Western Australia
