Comment Text:
10-005
COMMENT
CL-02573
04/2S/I0
11:46
HP LASERJET FAX
9193363111
~,
01
RAYMOND J. GAYLORD JR.
LIEUTENANT COLONEL, (R) U.S, ARMY
April 23, 2010
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. 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.
Please institute these limits as soon as possible.
Sincerely,
RaymOnd
