Comment Text:
10-005
COMMENT
CL-01989
From:
Sent:
To:
Subject:
secretary
Thursday, April 8, 2010 1:21 PM
Metals Hearing
FW:
From:
[email protected] [mailto:[email protected]]
Sent:
Thursday, April 08, 2010 12:40 PM
To:
secretary
Subject:
Dear Sir,
Thank you 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.
Thank you for your consideration.
Sincerely yours,
Jack G. French, Sr.
Las Vegas, NV