Comment Text:
10-005
COMMENT
CL-02840
Wednesday, April 7, 2010
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
st
Street NW
Washington, DC 20581
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 and enforce
them. 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,
~ ~~~.k(R e~es~
Kingston Springs, TN
