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