Comment Text:
10-005
COMMENT
CL-02674
Secretary of the Commission
Commodity Futures Tradinl~ Commission
Three Lafayette Centre
1155 21
st
Street NW
Washinl~ton, DC 20581
Ref: Metals Position Limits and Exemptions
Dear Sir;
Followinl~ the revelations at the CFTC's Public Hearinl~ on metals position limits and exemptions
held on March 25, 2010; please establish a speculative position limit in COMEX silver of
between 1000 to no more than 1500 contracts. Please restrict any hedl~inl~ exemptions from
those limits to truly lel~itimate hedl~ers.
Please stop the levels of concentration in COMEX silver futures that have been experienced
over the past years on the short side of the market.
Sincerely,
Gary Hevelone