Comment Text:
i0-005
COMMENT
CL-02421
From:
Sent:
To:
Subject:
secretary
Wednesday, April 7, 2010 11:09 AM
Metals Hearing
FW: position limits precious metals
From:
j.w.moore [mailto:[email protected]]
Sent:
Wednesday, April 07, 2010 8:17 AM
To: secretary
Subject:
posiLion limits precious metals
April 7, 2010
Dear Sir
Thank you for the opportunity to comment on position limits of precious metals. Please establish a speculative
limit in COMEX silver of no more than 1500 contracts. Please stop the levels of concentration in COMEX silver
futures on the short side of the market that we have experienced over the last several years. Please restrict
hedging exemptions from the 1500 contract limit to legitimate hedgers.
Sincerely
James W. Moore