Comment Text:
10-005
COMMENT
CL-01889
From:
Sent:
To:
Subject:
Roland Bachmeier
Saturday, April 3, 2010 2:38 AM
Metals Hearing
position limits for precious metals
Dear Sir;
Many thanks 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,
Dr. Roland Bachmeier
Chief-Geologist
Heuweg 21 a
D-91207 Lauf
Germany
