Comment Text:
10-005
COMMENT
CL-02770
Richard Bordelon
6211 W. Northwest Highway
#1507
Dallas, TX 75225
April 8, 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 Bordelon