Comment Text:
Apr 09 10 12:44p
Chuck Reiling
425 97O 3249
10-005
COMMENT
CL-02815
p,1
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
s~
Street NW
Washington, DC 20581
Fax - 202-418-5521
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious
meta Is.
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
producers or consumers of silver at a level commensurate with their positions.
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. Let's start re-
applying the old rule that
"he who sells what isn't his'n
Must buy it back or go to. prison"
Sincerely,
Charles H. Reiling
8101 118
th
Ct SE
Newcastle, WA 98056
