Comment Text:
10-005
COMMENT
CL-02293
From:
Sent:
To:
Subject:
Werner Strohmaier
Wednesday, April 7, 2010 2:05 PM
Metals Hearing
gold and silver concentration
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 and a corresponding level
in gold. Please restrict any hedging exemptions from those limits to
legitimate hedgers. Please stop the levels of concentration in COMEX
silver and gold futures that have been experienced over the past few
years on the short side of the market.
Sincerely,
Werner Strohmaier
