David Fuller's view My just above breakeven stop on Friday's silver (weekly & daily) purchase was triggered this morning. Consequently my July long was sold at $28.35 against my purchase at $28.305 on Friday. I reopened the long position at $28.258 this afternoon. These prices include all spread-bet dealing costs.

The persistent selling of recent weeks is giving way to some technical rallies. I am positioned for this to occur in precious metals but we can also see some short covering and or bargain hunting in markets that have fallen sharply recently, from Brazil's IBOV to the Nasdaq 100 (see also Eoin's comments below) and Apple.