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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

  • From: Achim Spitzer
    Organization(s):

    Comment No: 21299
    Date: 4/10/2010

    Comment Text:

    10-005
    COMMENT
    CL-01000
    From:
    Sent:
    To:
    Subject:
    [email protected] on behalf of
    Achim Spitzer
    Saturday, April 10, 2010 5:01 PM
    Metals Heating
    stop naked shorts
    to:
    Sekret~r of the commision
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21 st Street NW
    Washington, DC 20581
    Email: [email protected]
    Dear Sirs,"
    Thank for the opportunity to comment on the issue of position fimits for precious metals. Please
    estabfish a speculative position fimit in COMEX silver of no more than 1500 contracts. Please restrict
    any hedging exemptions from those fimits 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,
    It is increadible that always more tons of gold and silver are short than physical existing.
    Achim Spitzer
    Germany