Comment Text:
10-005
COMMENT
CL-00935
From:
Sent:
To:
Subject:
Cyndy Stotesbery
Sunday, April 11, 2010 1:54 PM
Metals Hearing
Position Limits on Precious Metals
Secretary of the Commision
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street NW
Washington, DC 20581
Dear Sir;
Thank you 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 exemtions
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,
Phil Stotesbery
128 1 lth ave se
Pelican Rapids,
Mn. 56572
