David Fuller's view I was away from the office yesterday but managed to open a long position in platinum (weekly & daily). I paid $1450.1 for a July position. Today, I reopened a silver long (weekly & daily), paying $28.305 for a July position. These prices include spread-bet dealing costs. Note: I have discussed gold, which I also hold, in some detail in the Audio.

Precious metals were due for a bounce from prior support near last year's lows, as both Eoin and I have mentioned recently. I also suspect that the secular bull trends are still intact, in which case they will become born-again havens, in contrast to their post 2011 peak metamorphosis into risk assets. However, this will not be confirmed by technical evidence until a new sequence of higher reaction lows is clearly established. Therefore my trading strategy with these two latest purchases will be conservative.