Comment Text:
10-005
COMMENT
CL-02567
April,
13,2010
Secretary of the Commission
Commodity Futures Trading Commission
3 Lafayette Center
1155 21
st
Street NW
Washington, DC 20581
Dear Sir;
CO ENT
I am writing, during your comment period, about ptacing position limits on the precious
metals markets. It seems that a speculative [imit of 1500 contracts in Comex silver would
go'a long way toward reducing the p0ssibi[ity of market manipulation as exposed by Andrew.
Maguire. Hedging exemptions to this limit could be restricted to only legitimate hedgers.
This huge short concentration in Comex silver futures is not a free market. Thank you.
Sincerety,
Kurt Ol, denbrook
