Comment Text:
10-005
COMMENT
CL-02164
From:
Sent:
To:
Subject:
G P
Wednesday, April 7, 2010 11:01 PM
Metals Hearing
Position Limits Please
Please allow me 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
(currently around $135 Million). Please restrict any hedging exemptions from those limits to
legitimate hedgers. 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,
Gabe P.