Comment Text:
10-005
COMMENT
CL-02102
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Sent:
To:
Subject:
[email protected]
Thursday, April 8, 2010 5:16 AM
Metals Hearing
COMEX silver futures position limits
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21 st Street NW
Washington, DC 20581
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 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,
JW Plummer
PO BOX 301
Manistee, MI 49660
April 8, 2010