Comment Text:
10-005
COMMENT
CL-02639
1350 S. Frontage Road
Hastings MN 55033
651.437.1818
April 20, 2010
David Stawick, Secretary
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
st
St. NW
Washington DC 20581
Dear Sir:
Thank you 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 as well to
legitimate hedgers. Please stop the levels of concentration in COMEX silver futures that
have been experienced over the past few years on the S.hort side of the market.
Thank you for all your efforts to improve the integrity of our marketS.
Yours
