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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

  • From: John W Blake
    Organization(s):

    Comment No: 21734
    Date: 4/9/2010

    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.