Comment Text:
10-005
COMMENT
CL-01722
From:
Sent:
To:
Subject:
Dick McAIlister < pinkmoody@ hotmail.com >
Friday, April 9, 2010 9:55 AM
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;
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,
Richard W McAIlister
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