Comment Text:
10-005
COIMMENT
CL-01686
From:
Sent:
To:
Subject:
Bill Angsten
Friday, April 9, 2010 10:36 AM
Metals Hearing
Bill Angsten
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.
Also, please restrict the OTC pm markets to prevent diversion of paper gold and silver into this non-transparent
market. You have been given the authority by the people to maintain a free and fair pm market. Free gold (silver)
now! or the world's SAVERS will soon feel great pain, and the loss of TRUE capital for future generation will be
destroyed forever.
Sincerely,
Bill Angsten