Comment Text:
10-005
COMMENT
CL-02602
O. F.T.O.
OFFIOE OF THE SEOI~ETARIAT
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street NW
Washington, DC 20581
Dear Sir;
Thanks ,for the,opportunity to comment on the issue of position limits for precious metals.
Please establish a speculative position in COMEX silver of no more than 1500 tO 2000 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,
Ea~r~nnct;
R.
Irish