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

  • From: John Trumbull
    Organization(s):

    Comment No: 20786
    Date: 4/18/2010

    Comment Text:

    10-005
    COMMENT
    CL-00487
    From:
    Sent:
    To:
    Subject:
    John Trumbull
    Sunday, April 18, 2010 6:31 PM
    Metals Hearing
    Silver manipulation
    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. Please address these important issues before this situation results in the next big "financial
    disaster" for our country and our taxpayers.
    Sincerely,
    John Trumbull
    80 Rowell Road
    Lancaster, NH