Comment Text:
10-005
COMMENT
CL-02762
Dear Sir,
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
1,500 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,
Peter Quist
8081 Boardwalk Way,
Las Vegas, NV. 89123