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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

  • From: Bill Angsten
    Organization(s):

    Comment No: 21985
    Date: 4/9/2010

    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