Comment Text:
10-005
COMMENT
CL-01625
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Sent:
To:
Subject:
[email protected]
Friday, April 9, 2010 11:46 AM
Metals Hearing
Metals Hearing Comments
Dear Commissioners:
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 which have skewed the real market price for
silver. Thank You for taking the time to read my comments.
Sincerely,
George G Haberman