Comment Text:
10-005
COMMENT
CL-02645
April 13,2010
Secretary of the Commission
Commodity Futures Trading Commission
3 Lafayette Center
1155 21
~t
Street NW
Washington, DC 20581
Dear Sir;
COMMENT
I am writing, during your comment period, about placing position limits on the precious
metals markets. It seems that a speculative limit of 1500 contracts in Comex silver would
goa long way toward reducing the possibility of market manipulation as exposed by Andrew
Maguire. Hedging exemptions to this limit could be restricted to only legitimate hedgers.
This huge short concentration in Comex sliver futures is not a free market. Thank you.
Sincerety,
Kurt Oldenbrook
