Comment Text:
10-005
COMMENT
CL-01841
From:
Sent:
To:
Subject:
Steiert Rainer
Friday, April 9, 2010 5:14 AM
Metals Hearing
Limit COMEX Silver
To
Sekretfir der Kommission
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
Rainer Steiert
Mit freundlichen Grfissen
Steiert Rainer
Mattenweg 3 a
D-79856 Hinterzarten
Germany