Silver Price Analysis
A rough week for assets with silver down 2.98%. Stocks were worse and crypto is in turmoil again as fears of bank runs spike in both traditional and crypto markets. The $21 level is the next area of resistance now that we fell through that level. On Friday, prices pushed forward so at this point we are trying to break through a bearish candle, but silver is going to be trading with all other assets as the FED is the major factor for price movement.
Silver Chart
Portfolio Update
My current assets are valued at $1789.39 with a total acquisition cost of $1927.29. I took a hit just like everyone else as assets tumbled this week. Now we have the USDC depegging. These markets are wild right now with everyone now saying we will be thrown into a recession or even a depression.
Asset Allocation Chart
Asset Holding by Product