Comment Text:
10-005
COMMENT
CL-00990
From:
Sent:
To:
Subject:
Attach:
Christo Smit
Saturday, April 10, 2010 7:06 PM
Metals Hearing
Letter re position limits
Letter to CFTC.docx
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
st
Street NW
Washington, DC 20581
Email-
metalshearin~@cftc.~ov
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 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.
And the same applies to gold.
Yours sincerely,
Christo Smit
(A signed copy is attached)Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
St
Street NW
Washington, DC 20581
Email-
[email protected]
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 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.
And the same applies to gold.
Yours sincerely,
e-mail:
[email protected]
