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February 06 2015

Commentary by David Fuller

My personal portfolio

A former trade partially reopened

I have been waiting for silver to pull back and this afternoon I reopened one third of my previous long position at a considerably lower level. I bought the March contract at $16.568, including all spread-bet dealing costs. I may add to this position on further weakness or take a short-term profit in the event of a rally. The only near certainty is volatility in silver prices.

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