Comment Text:
10-005
COMMENT
CL-01921
From:
Sent:
To:
Subject:
Bill King
Thursday, April 8, 2010 7:12 PM
Metals Heating
Position limits
Dear Sir;
Thank for being able to comment on the issue of position limits for precious metals. A speculative position
limit in COMEX silver of no more than 1500 contracts would make a much more equitable playing field without
500 Ib gorillas pushing price. Please restrict any hedging exemptions from those limits to legitimate hedgers.
Please stop the levels of short side concentration in COMEX silver futures that have been experienced over
the past few years in this market.
Sincerely,
William C. King
