Comment Text:
10-005
COMMENT
CL-01008
From:
Sent:
To:
Subject:
Kevin Desmond
Saturday, April 10, 2010 4:07 PM
Metals Hearing
Position limits for precious metals
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,
D. Kevin Desmond
"We have no government armed in power capable of contending with human passions
unbridled by morality and religion. Our Constitution was made only for a religious and moral
people. It is wholly inadequate for the government of any other" - John Adams