Comment Text:
10-005
COMMENT
CL-02304
From:
Sent:
To:
Subject:
Ellen Watson
Wednesday, April 7, 2010 1:36 PM
Metals Hearing
Silver Issues
Gentlemen:
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.
Sincerely,
Garfield and Ellen Watson; Lubbock, TX