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

  • From: James L McCrory
    Organization(s):

    Comment No: 22342
    Date: 4/8/2010

    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