Comment Text:
10-005
COMMENT
CL-02089
From:
Sent:
To:
Subject:
secretary
Thursday, April 8, 2010 7:46 AM
Metals Hearing
FW: Position Limits for Precious Metals
From:
Randall Smith [mailto:[email protected]]
Sent: Wednesday, April 07, 2010 4:03 PM
To:
secretary
Subject: Position Limits for Precious Metals
Dear Sir,
Thank-you for the opportunity to comment on the issue of position limits for precious metals. Please
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
Randall Smith
