Comment Text:
10-005
COMMENT
CL-00998
From:
Sent:
To:
Subject:
Robert A George
Saturday, April 10, 2010 5:45 PM
Metals Hearing
Limit Futures Trading
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
st
Street NW
Washington DC 20581
FAX 20418-5521
Dear Sir:
Thank you for the opportunity to comment on the issue of position limits for precious metals, especially Silver.
Please establish a speculative position limit in COMEX silver of no more than 1000 contracts. Please not allow
ANY hedging exemptions from these limits.
Please stop the levels of concentration in COMEX silver futures that have occurred over the last few years on the
short side of the market which have interfered with the normal market forces driving the price of metals.
Sincerely
Robert A George