Comment Text:
10-005
COMMENT
CL-02799
" IBO" V H TLEY
6160 Vickery Creek Rd.
Cumming, GA 30040
April 9, 2010
Secretary of the Commission
Commodity Futures Trading Commission
1155 Lafayette Centre
Washington, DC 20581
Dear Sir;
The purpose of this letter is to have the opportunity to
express an opinion on the issue of position limits for
precious metals. It is extremely important to 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,
Bo Whitley
