Comment Text:
10-005
COMMENT
CL-02767
an Investment Advisor
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155
21
st
Street NW
PP1 +
i7
Friday, April 09, 2010
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
:.~., 7.1,., silver of no more than 1500 contracts. Please restrict any hedging
, +~X.e~pt+ons 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.
~aorm:c
. merman, CFP
®,
President
2100 Kohler
Drive
Boulder, (l.O, 80~05
303 494-5~39 - '
303 484-7,987,fax
888 818-65'(J0 }oll tt'ee
!
johnhe,'nmncfp@aol,com
Lic #0D36372
