Comment Text:
10-005
COIMMENT
CL-02676
April 16, 2010
David Stawick, Secretary, CFTC
Three Layafatte Centre
1155 21StStreet NW
Washington, DC 20581
O. F,T,O.
OFFIOE OF THE SEORETARIAT
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 short
side of the market.
Thank you for all your efforts to improve the integrity of our markets.
Sincerely,
Benny Martinez
