Comment Text:
10-005
COMMENT
CL-01048
From:
Sent:
To:
Subject:
John Daugherty
Sunday, April 11, 2010 12:21 AM
Metals Hearing
Precious metals position limits
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,
John Daugherty
john @pentexadvisors.com
Office: (972) 429-1324
Cell: (214) 460-0711
