Comment Text:
10-005
COMMENT
CL-01316
From:
Sent:
To:
Subject:
Brad Walker
Saturday, April 10, 2010 8:06 AM
Metals Hearing
Metals Hearing & Silver 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 who actually mine the silver or buy/sell for commercial or retail
purposes (not mere speculation). 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.
Regards,
Brad Walker
West Jefferson, OH
Precious Metals Investor