Comment Text:
10-005
COHMENT
CL-02696
April 10, 2010
OFFIO£ OF T!tE oio
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
s~
Street NW
Washington, D.C. 20581
Dear Sirs:
Thank you for the opportunity to comment on the issue of position
I~miis
for precious metals.
Please
establish a speculative position limit in COMEX silver of no
more ~J~an/,500 contracts.
Please restrict any bedS'rig exemptions from those limits to legitimate bedger~ Please stop t~e
levels of concentration in COMEX silver futures that have been experienced over the past few
years on the short side of the market.
Sincerely
Lance S. Roote'
5116 Sierra Oaks Drive
El Dorado, CA 95623