Comment Text:
10-005
COMMENT
CL-01362
From:
Sent:
To:
Subject:
Ian Oliver
Saturday, April 10, 2010 12:29 AM
Metals Hearing
Position Limits on Precious Metals
Attn To: Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street NW
Washington, DC 20581
Dear Sir or Madam,
Thank You 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.
Thanks and Regards,
Ian Oliver
