Comment Text:
10-005
COMMENT
CL-01701
From:
Sent:
To:
Subject:
Don and Gall McPherson
Friday, April 9, 2010 10:18 AM
Metals Hearing
Silver position limits
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,
Donald M. McPherson