Comment Text:
Apt11 10 10:17p
10-005
COMMENT
CL-02787
Lou Frazer
4052600030
p.1
April 10, 2010
Secretary of the Conunission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
~t
Street NW
Washington, DC 20581
Dear Sir:
Thank you 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 Jaose 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,
Lou Frazer
614 N. Hogan Ave.
Guthrie, Oklahoma 73044
CC: Senator Tom Coburn
Congressman Frank Lucas
Congressman Tom Cole
Congressman Ron Paul
