Comment Text:
APR-2i-2010 Ii:STA
FROM:
10-005
COMMENT
CL-02677
T0:~±202~185521
P.I
echnolo i s LTD.
410 Phillip Street Chetek, Wl USA 54728
Tel 715 924-4876 Fax 715 924-2436
e-mail sales @ turbinetechnologies,com
web: http://www.turbinetechnologies.com
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street NW
Washington, DC 20581
Fax - 202-418-5521
Dear Sir;
Thank you for holding the recent public hearing on precious metals position limits
and giving private investors the opportunity to comment on the issue. To keep
markets healthy and free, and to keep its participants safe from possible
manipulative corruption I ask you today to please establish a speculative position
limit in COMEX silver of no more than 1500 contracts. Please also restrict any
hedging exemptions from those limits to legitimate hedgers, and 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.
My family and I thank you for your protective efforts in this regard. It is sincerely
appreciated.
~
i/~
With kind regards, __/~ l,
Todd Gaines ~ ~' " ~ +-~---~-~~
