Comment Text:
ISAC IS DEPARTMENT
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21
~t
Street NW
Washington, DC 20581
Fax - 202-418-5521
Ramon Michael.
8945 Pottawattami Dr,
Skokie, IL 60076
847-606-1286 (c)
10-005
COMMENT
CL-02879
April 7, 2010
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,
Ramon Michael
Independent Investor
TOTAL
P.
61
