Comment Text:
10-005
COMMENT
CL-02039
From:
Sent:
To:
Subject:
Ralph Berg
Thursday, April 8, 2010 10:02 AM
Metals Hearing
Position Limits
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals. Please
establish a speculative position limit in COMEX silver (and gold) of no more than 1500
contracts. Please restrict any hedging exemptions from those limits to legitimate hedgers.
Please stop the levels of concentration in COMEXsilver (and gold) futures that have been
experienced over the past few years on the short side of the market.
Sincerely,
Ralph Berg
Bismarck, ND