Silver Price Analysis
I'm making a bold prediction on this post. I think Silver could rise to $50 an ounce in the next two years! Silver prices are a bit lower this week. However, things are uncertain on the geopolitical front so we will continue to see swings in prices. Silver's next upside price target is at the resistance which is at $26.50. Downside price action would be a close prices support at $24.00.
Another note is I see supply issues seems to be getting worked out as out of stock items seems to be getting fewer. I still have not been to a LCS to check out how the local supply is looking.
Silver Chart
Portfolio Update
My current assets are valued at $1541.09% with a total acquisition cost of $1476.59. Silver is down almost 3% this week, but the portfolio is still in the black.
Asset Allocation Chart
Asset Holding by Product