Silver Price Analysis
Silver price dropped Friday at a key resistance level as investors are worried about the US economic data justifying further Federal Reserve’s actions which will happen next week. I'm expecting another wild week for assets as all eyes are on the FED. It may create a great buying opportunity if the market sells off.
Silver Chart
Portfolio Update
My current assets are valued at $1840.52 with a total acquisition cost of $1927.29. With silver down 1.56% my portfolio is still suffering.
Asset Allocation Chart
Asset Holding by Product
I think Silver is starting to rally slowly. It could be a good opportunity now to buy some coins !
I have a long term view on silver. Between industrial uses and scarcity it will move up.
Every time you look at your chart, I look at mine!
Have you tried buying lower premium silver to improve your standing?
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I'm glad you look I have thought about buying some larger bars to get the st reduced premium. Everything is pretty high at the moment...
Thanks again for the updates and reports, @cryptictruth. My biggest concern is the weight, of the Stack.
I'm all about the stack!
It’s gonna be all over the place for a while.
It's going to be a wild ride for sure. I miss the days of solid slow growth. Boom and bust is frustrating.
Silver is not doing that pretty bad though
Everything has taken a beating so I’ll agree silver is just swept up in the broader sell off.
Yeah, the positive GDP report gives the Fed yet another reason to hike interest rates.
I think another 0.75 is on the table. Who knows maybe the market will rally Thai time.
Dear @cryptictruth, sorry to jump in a bit off-topic.
May I ask you to review and support the new proposal (https://peakd.com/me/proposals/240) so I can continue to improve and maintain this service?
You can support the new proposal (#240) on Peakd, Ecency,
Thank you!
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