Comment Text:
10-005
COMMENT
CL-02837
Photo Waste Recycling Co., Inco
At the
Forefront of
Hazardous Waste Management
2980 Kerner Boulevard
San Rafael, CA 94901-5578
(415)
459-8807
Fax (415) 459-8852
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~"~
::THE
8E¢t~.E
April 8, 20i0
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 - 21st Street NW
Washington~ DC 20581
Dear Sir:
Thank you 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,
Pres ~ dent
