Comment Text:
10-005
COMMENT
CL-02764
7:0,,.
April 10, 2010
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
st
Street NW
Washington, DC 20581
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,
Richard DeCook
7232 Woodrow Drive
Fort Collins, CO 80525
