Comment Text:
10-005
COMMENT
CL-01089
From:
Sent:
To:
Subject:
william 1 hayes
Saturday, April 10, 2010 8:40 PM
Metals Hearing
Dear Sirs:
I am pleased to have the opportunity to have a say regarding position limits
on precious metals. I believe that it would be very beneficial to have
position limits in Comex silver of 1500 contracts. I also think that only
legitimate hedgers should be exempt from these limits and that there should be
consequences for those violating these limits. The short side of the silver
market that we have been experiencing over the last few years needs to be
stopped. I am a retired school teacher and I have been trying to take care of
my own retirement and it appears to me that the precious metals markets aren't
operating in a free market environment which makes this a more difficult task
to say the least.
Sincerely,
Bill Hayes
Sincerely,
