Comment Text:
10-005
COMMENT
CL-01777
From:
Sent:
To:
Subject:
bill thon sr
Friday, April 9, 2010 9:05 AM
Metals Hearing
Position Limits for Precious Metals
April 9, 2010
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,
Bill Thon
Email-
[email protected]
