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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

  • From: David D Bonnell
    Organization(s):

    Comment No: 23148
    Date: 4/8/2010

    Comment Text:

    10-005
    COMMENT
    CL-02849
    Afar, 8, 2010 12:32PM
    N0,61.~4 P, 1
    David D Bonnell
    9085 Shady Grove Ct
    Gaithersburg, MD 20877
    April 8, 2010
    Secretary of the Commission
    Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street NW
    Washington, DC 2058
    Dear Secretary:
    I am concerned about continuing manipulation of precious metal prices by the major
    "players" involved, This cannot be the way that such markets are supposed to function.
    --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
    Thank you for your consideration.
    David D Bonnelt
    240-481-2424