Comment Text:
10-005
COMMENT
CL-02739
Secretary of the Commission
Commodity Futures Trading Comn'fission
Tlu'ee Lafayette Centre
1155 21
st
Street N W
Washington D C 20581
Ernest L. Bashore
680 Hill Road
Robesonia, PA 19551
April 12, 2010
Dear Sir;
Thanks for the opportunity to commem 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,
Ernest L. Bashore