Silver Price Analysis
It's Saturday so that means it's time to do another Silver portfolio update. Welcome to 2024 and cheers to all my friend in the @ssg-community ! Silver was all over the place during the trading session on Friday, but it looks like we are trying to hang on to the $23 support region. This is an area that has been important in the past, so I would not be overly surprised that it is going to be very noisy and choppy for bit.
Silver Chart @silverd510 pointed it out to me that the Apmex chart looks a bit odd so I had to do the comparison this week and he was right! It looks like Apmex is inflating the price compared to Kitco. silver is down approx. 2.66% this week which opens the opportunity to add some more to the collection.
It looks like I may need to switch over my charting to Kitco for this report...
Portfolio Update
I'm starting the year with my current assets are valued at $2,015.02 with a total acquisition cost of $2,148.89. This year's goal is to lower that cost basis and add 50-100oz to the collection.
