Comment Text:
10-005
COMMENT
CL-00821
From:
Sent:
To:
Subject:
secretary
Monday, April 12, 2010 9:07 AM
Metals Hearing
FW: Precious Metals Position Limits
..... Original Message .....
From: [email protected]
[mailto:[email protected]]
Sent: Friday, April 09, 2010 11:32 PM
To: secretary
Subject: Precious Metals Position Limits
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,
John W. Lankenau
Precious Metals Small Investor