Comment Text:
10-005
COMMENT
CL-01472
From:
Sent:
To:
Subject:
Thomas M. Chused, M.D.
Friday, April 9, 2010 2:43 PM
Metals Hearing
Position limits for precious metals
Dear Sir;
As an interested participant and investor in silver and gold I 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. I believe the apparent levels of concentration on the short side of the precious metals
markets substantially increases the risk of additional financial instability which we should try to avoid.
Sincerely,
Thomas M. Chused, M.D.
1805 Randolph St., NW
Washington, DC 20011-5339
