David Fuller's view I mentioned in yesterday's Comment and also the Audio that I was likely to increase my US 30-year Treasury Bond short once again. I did so as the Asian trading commenced this morning, selling the December contract short at 131.65. Instead, I should have just gone to bed because I could have sold it more than a point higher this afternoon, both before and just after the Fed statement commenced, or better yet, doubled up once again. In the event, I demurred on the latter but covered the short this evening at 130.44 when T-Bonds slumped. The article below contains the reason.

Precious metals steadied following an assessment of the Fed's latest statement so I increased my platinum (weekly & daily) long by about 40%, paying $1703.9 for another January position.

Prices above include spread-bet dealing costs.