Comment Text:
10-005
COMMENT
CL-02219
From:
Sent:
To:
Subject:
Allen Johnson
Wednesday, April 7, 2010 6:51 PM
Metals Hearing
Position limits
Commodity Futures Trading Commission
Thank you 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
Allen D. Johnson
Strathmore Development Company
1427 W. Saginaw, Suite 200
East Lansing, Michigan 48823
Voice: (517) 664-4125
Facsimile: (517) 664-4155
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