Comment Text:
10-005
COMMENT
CL-01478
From:
Sent:
To:
Subject:
Joachim Schluchter
Friday, April 9, 2010 2:35 PM
Metals Hearing
position limits for precious metals
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
Joachim Schluchter
Am Weiherbach 15
D-86494 Emersacker
Germany