Comment Text:
10-005
COMMENT
CL-02776
April 10, 2010
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
Washington, D.C. 20581
Dear Sir,
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.
Allowing big greedy institutions to rig markets for their own profit and trample on the small
investor has brought this country to its knees. Isn't it time to put a stop to it?
Sincerely,
Linda Allbritten
7409 Arvada Ave. N E
Albuquerque, NM 87110