Silver Price Analysis
The weekly chart does not really show the modest recovery from the $22.30-$22.25 region, or a two-week low that was touched. The recovery triggered a short-covering rally that pushed for the 200-day SMA, currently around the $23.30 zone. It looks silver is making some gains the question is how long are we going to hold at these levels.
Silver Chart
Portfolio Update
My current assets are valued at $2,203.47 with a total acquisition cost of $2,362.33. Premiums seem to be coming down at the moment which is good for buying even as the price of silver is increasing.
Asset Allocation Chart
Asset Holding by Product