Comment Text:
10-005
COMMENT
CL-01744
From:
Sent:
To:
Subject:
oliver.rank@freenet, de
Friday, April 9, 2010 9:36 AM
Metals Hearing
metalshearing
Oliver Rank
Heinrich-Fehrer- Strasse 12
97318 Kitzingen
Germany
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street NW
Washington, DC 20581
USA
Kitzingen, 4th of April 2010
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,
Oliver Rank
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