Comment Text:
10-005
COMMENT
CL-01364
From:
Sent:
To:
Subject:
Nancy Betcher
Saturday, April 10, 2010 12:26 AM
Metals Hearing
precious metals
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 - 21st Street NW
Washington, DC 20581
Dear Sir,
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. The top positions should be public information.
You rs,
Bob Betcher
2000 Alaskan Way #550
Seattle, WA 98121
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