Comment Text:
10-005
COMMENT
CL-01103
From:
Sent:
To:
Subject:
Ken Metcalfe
Saturday, April 10, 2010 7:26 PM
Metals Hearing
Comment on the issue of 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'
Ken Metcalfe, I.S.P., CCP
204 857-9843
Manitoba, Canada
It is impossible, by the way, by picking one example of anything, to avoid picking one which is atypical
in some sense - that's the wonder of the world. - .... Richard Feynman
