Font Size: AAA // Print // Bookmark

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

  • From: Ralph Berg
    Organization(s):

    Comment No: 22338
    Date: 4/8/2010

    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