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

  • From: Dave W Currie
    Organization(s):

    Comment No: 22402
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02103
    From:
    Sent:
    To:
    Subject:
    D&J Currie
    Thursday, April 8, 2010 5:16 AM
    Metals Hearing
    Position Limits for Precious Metals
    Dear Sir;
    I would like to take the opportunity to comment on the issue of position limits for precious metals. I
    believe that it is very important that speculative position limits in COMEX silver and gold contracts be
    established. I think it is also important to restrict hedging exemptions from those limits to legitimate
    hedgers. The levels of concentration in COMEX futures (particularly silver short positions) that have
    been ongoing must be curtailed so that a free market can exist.
    Thankyou,
    Dave W. Currie
    Halifax NS Canada