Comment Text:
10-005
COMMENT
CL-02043
From:
Sent:
To:
Subject:
James McCrory
Thursday, April 8, 2010 9:37 AM
Metals Hearing
Precious Metals Hearing
Mr. Secretary,
As a member of the precious metals investing public I want to thank you for the opportunity to comment
on the issue of position limits for precious metals. I believe it would be in everyones best interest to
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.
Sincerely,
James L. McCrory
Silver Investor