Comment Text:
04/09/2010 FRI 12:59 FAX
10-005
COIvJMENT
CL-02824
~002/002
14231 N,~;'t/) 7tb Slrce~ ,%'~B,; ]t7, P/~oc~Hx, th'izo~m 85022
):s'~:; 1-SNg-OIVN-GOI.D~ 7~1," 602-,t0,t-401()~ Fax: 602-404-3917
l~mail: itm.tradit~@em'thli~th.;Ic~
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,
Craig Griffin
President, ITM Trading Inc.