Comment Text:
10-005
COMMENT
CL-01270
From:
Sent:
To:
Subject:
[email protected]
Saturday, April 10, 2010 9:59 AM
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,
DANIEL E. MENARD
124 WEST PECK STREET
NEGAUNEE, MI 49866
(906)360-1964
