Comment Text:
10-005
COMMENT
CL-02183
From:
Sent:
To:
Subject:
Sid Reynolds
Wednesday, April 7, 2010 10:18 PM
Metals Hearing
CFTC feedback
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.
This impacts internationally on all silver and gold investors who just want a level playing field for all the "Mum and
Dad" investors.
Sincerely,
Sid Reynolds
Australia
