Comment Text:
10-005
COMMENT
CL-01426
From:
Sent:
To:
Subject:
jpa11074
Friday, April 9, 2010 5:34 PM
Metals Heating
Precious Metals Position Limits Needed - Long & Short
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,
John P. Ansted
John P. Ansted, PG, CEM
J.P. Ansted & Co., LLC
11074 West Grand Place
Littleton, Colorado 80127
Direct phone: (303) 932-0318
Cellular phone: (720) 530-6797
E-mail address: jpa [email protected]