Comment Text:
10-005
COMMENT
CL-01539
From:
Sent:
To:
Subject:
[email protected]
Friday, April 9, 2010 1:08 PM
Metals Hearing
Position limits for precious metals
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
st
Street NW
Washington, DC 20581
Dear Sir;
I appreciate this 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,
Don G Bixby, President
Unipac Supply, Inc.
