Comment Text:
10-005
COMMENT
CL-01023
From:
Sent:
To:
Subject:
markmcguinness@att.net
Saturday, April 10, 2010 2:09 PM
Metals Hearing ; Metals Hearing
Precious Metals Position Limits
Greetings,
Thanks for the opportunity to comment on position limits for precious metals. I feel that it is
imperitive that you establish a speculative position limit in COMEX silver of no more than 1500
contracts. Also, please restrict any hedging exemptions from those limits to legitimate hedgers.
I think that the levels of concentration in COMEX silver futures that have been experienced over
the past few years on the short side of the market are dangerous, and should be curtailed.
Sincerely,
Mark A. McGuinness
