Comment Text:
10-005
COMMENT
CL-02765
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
st
Street NW
Washington, DC 20581
8th
April 2010
Dear Sir
The opportunity to comment on precious metals position limits and to have these comments
inserted into the public record is very much appreciated.
On the issue of COMEX silver speculative position limits a limit of 1500 contracts would appear
to be the general consensus and I would like to ask the commission to consider establishing
these limits.
Please restrict any hedging exemptions from those limits to legitimate hedgers only.
The concentration in COMEX silver futures have been very high for several years now on the
short side of the market, and I would respectably request that the commission work within its full
de legated powers to stop these levels of concentration.
Thank you again for your attention to this important matter.
~incerely
/~
DavidAnton Riverside California
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