Comment Text:
10-005
COMMENT
CL-02572
- Secretary of the commlsslon
CommoditY l:utures Trading commission
Three Lafayette Centre
1155 21
st
Street NW
Washington, DC 20581
O. F.T.O,
OFF OE OF THE SEORETARIAT
Dear Sir;
Thank for the opportunity to comment on the Issue of position limits for preclous
metals, Please establlsh a speculatlve posltion llmit in COMEX silver of no more
than 1500 contracts, Please restrlct any hedglng exemptlons from those llmlts
to legltimate hedgers. Please stop the levels of concentratlon in COMEX silver
futures that have been experienced over the past few years on the short side of
the market,