Comment Text:
10-005
COMMENT
CL-01778
From:
Sent:
To:
Subject:
secretary
Friday, April 9, 2010 9:05 AM
Metals Hearing
FW: Position Limits for Precious Metals
From:
Henry Gross [mailto:[email protected]]
Sent:
Friday, April 09, 2010 8:36 AM
To:
secretary
Subject: Position Limits for Precious Metals
Dear Sir:
Thank for holding the hearing on position limits for precious metals. Based on the evidence
presented I think it's important to limit speculative positions in COMEX silver to no more than 1500
contracts and to restrict any hedging
exemptions
from those limits to legitimate hedgers. Putting
an end to the current levels of concentration in COMEX silver futures on the short side of the
market is important to the integrity of these markets.
Sincerely,
Henry B. Gross
