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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

  • From: Nick Barker
    Organization(s):

    Comment No: 22312
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02013
    From:
    Sent:
    To:
    Subject:
    Nick Barker
    Thursday, April 8, 2010 11:50 AM
    Metals Hearing
    Precious Metals Control Limits
    It is evident to this novice, that their is control and manipulation taking place in
    the Silver and Gold markets. 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.
    Nick Barker
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