Comment Text:
10-005
COMMENT
CL-01435
From:
Sent:
To:
Subject:
JOHN W BLAKE
Friday, April 9, 2010 4:55 PM
Metals Hearing
Silver futures limits
Dear Sirs:
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 and
restrict any hedging exemptions from those limits to legitimate hedgers. I hope you will
then ENFORCE those limits against those banks who have been manipulating the market through
high concentrations of COMEX silver futures on the short side of the market for a number of
yea rs.
Sincerely,
J. B.