My personal portfolio
Comment of the Day

March 23 2016

Commentary by David Fuller

My personal portfolio

Some changes in precious metals trades

David Fuller's view

A sharp decline in Silver futures today triggered a stop in the May contract at $15.63 against my purchase at $15.583 on 4th March.  Somewhat later I opened a new similar-sized long at $15.278.

A similarly sharp decline in Platinum futures triggered a stop in the expiring April contract at $958 against my purchase at $955 on 15th March.  My positions had been on automatic rollover so later in the day a similar-sized April position was closed at $959.8 against a purchases at $943 on 3rd March. A replacement long was opened at $962.3 in the July contract.   

These prices include all spread-bet dealing costs.

The article below offers an explanation for today’s weakness in precious metals.

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