Comment Text:
I believe that the CFTC is moving in the right direction, but that the position limits it is assigning to silver are much too high. I understand that legitimate "hedgers" (miners) must be able to insure against low prices by shorting their assets, but in the current environment, with the price of silver rising each month, that should be minimal. 5000 contracts for silver is a much greater percentage than for any other commodity traded on the COMEX. I think that 1500 contracts would be more than adequate
