Comment Text:
10-005
COMMENT
CL-01846
From:
Sent:
To:
Subject:
Gerald Degen
Friday, April 9, 2010 4:51 AM
Metals Heating
Stop manipulation of Silver
Dear Sirs,
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 1000 -
1,500 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,
Dr. Gerald Degen - Shenyang / China
