Comment Text:
10-005
COMMENT
CL-02104
From:
Sent:
To:
Subject:
Beat Rueedi
Thursday, April 8, 2010 5:15 AM
Metals Hearing
Position limits in Gold and Silver markets
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,
Beat Ruedi, 1562 Corcelles/Payerne, Switzerland
