Comment Text:
10-005
COMMENT
CL-02028
From:
Sent:
To:
Subject:
Brian Anderson
Thursday, April 8, 2010 10:44 AM
Metals Hearing
Silver and the Comex
April 9, 2010
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
st
Street NW
Washington, DC 20581
Dear Sir;
Thank for the allowing me the opportunity to comment on the issue of position limits for precious
metals.
I am very much in favor of the establishment of " a speculative position limit in particularly in
COMEX silver. " I think a limit of no more than 1500 to 2000 contracts is an adequate volume for
legitimate traders.
Please restrict hedging exemptions from these limits, to only legitimate hedgers with actual use
of the material.
Please user your commission to stop the high levels of concentration in COMEX silver futures. I
believe there to be sufficient evidence to conclude that in the last few years, certain entities have
used overwhelming short positions to restricting free markets trading.
Sincerely,
Brian Anderson,
Anderson Cargo Services, Inc.
Direct (651) 209-0031
'M [Uoma~-O~ed B#s~ess"
CONFIDENTIALITY NOTICE:10-005
COMMENT
CL-02028
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