Silver Price Analysis
With the U.S. government shutdown now having run through the length of October and still showing no viable signs of ending, the main focus across all major asset classes tied to the U.S. dollar was Wednesday’s FOMC meeting. Silver took a beating and price seems to have stabilized somewhat as of Friday. The World Bank is even more optimistic about silver next year as both investment and industrial demand continue to drive prices. I'm ready to see it rebound as I believe the sell off was manufactured by the derivates market.
Silver Chart
Portfolio Update
My current assets are valued at $5,500.49 with a total acquisition cost of $3,240.95.
Asset Allocation Chart
Asset Holding by Product