Comment Text:
10-005
COMMENT
CL-02685
Forrest S. Ciesol
2259 Bahia Drive
La Jolla, CA 92037 USA
April 12, 2010
Secretary of the Commission
Commodity Futures Trading Commission
Three Latiayette Centre
1155 21
st
Street NW.
Washington, D.C. 20581
Gentlemen -
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 to legitimate hedgers.
Please stop the levels of concentration in COMEX silver futures that hve been
experienced over the past few years on the
short
side of the market
Sincerely,
Forrest S. Ciesol
