Comment Text:
10-005
COMMENT
CL-02694
Dear Sir;
Thank 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 have been experienced over the past few years on the short side of the market.
Sincerely,
