Silver Price Analysis
Silver drifted lower this week but ended slightly up week over week. The recent failure to find acceptance above a technically significant 200-day Simple Moving Average (SMA) and the subsequent downfall validates a near-term negative outlook. This may open an opptounity for buying physical further reducing the supply.
Silver Chart
Portfolio Update
My current assets are valued at $2,200.77 with a total acquisition cost of $2,362.22. I'm happy we saw a slight gain this week as 2.03% as it's been fairly negative.
Asset Allocation Chart
Asset Holding by Product