David Fuller's view

It was careless of me to hold onto silver (weekly & daily) after I repurchased it on 21^st August, paying $19.469 for the December contract, and it would be disingenuous to say that it was a hedge.  However, it certainly looked oversold earlier this month, just before the upside key day reversal near $15 occurred, and another big upward dynamic a week later reaffirmed a low of at least near term significance.  I regard silver as a recovery candidate and allowed my position to be rolled forward today.  My expiring December contract was sold at $16.538 this afternoon, and the March contract simultaneously purchased at $16.62.  These prices include all spread-bet dealing costs.