Comment Text:
10-005
COMMENT
CL-02629
Dear Sir,
on the issue Of position limit~ 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.
Sincerely,