Comment Text:
10-005
COMMENT
CL-02732
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21 st Street NW
Washington, DC 20581
2010 NPR i g PFI 3 38
April 12, 2010
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.
