Comment Text:
Dear CFTC Commissioners.
I urge you to institute position limits in silver for no more that 1,200 to 1500 contracts per entity.
Currently speculators who are not producers or users of silver are allowed to have extremely large positions in in the silver market. These large positions could possibly allow the speculators to move prices up or down due to the concentratrion of their silver holdings. Please institute reasonable position limits as mentioned above to prevent this concentration. Please grant exemptions only to bonified producers or users of silver.
Respectfully,
Bob Rice
