Comment Text:
10-005
COMMENT
CL-02132
From:
Sent:
To:
Subject:
tacitus tacitus
Thursday, April 8, 2010 2:15 AM
Metals Hearing
Please establish position limits for the precious metals
Dear Sir;
Thank you very much 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.
For more background information on how the COMEX short positions can be used to supress the price
of precious metals please have a look at this document: 'Gold Price Suppression 101 - The Gold Market
Manipulation Exposed.pdf (37 MB)'. This PDF can be downloaded here:
http://tinyurl.com/yfdsy5q
(use "save as")
Sincerely,
Tacitus
