Comment Text:
10-005
COMMENT
CL-01649
From:
Sent:
To:
Subject:
Jim Fowler
Friday, April 9, 2010
11:18
AM
Metals Hearing
Short Positions In Silver
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals. Please
establish a speculative position limit in COMEXsilver. The speculative position should be one in
which there is a reasonable time limit in which the positions can be covered. This should apply to
the market as a whole.
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,
James Fowler
