Silver Price Analysis
Silver was slightly down this week with a 1.15% decline. We broke the $25, but pulled back with the rest of assets. We have had lots of talks around recession, but the stock market has been rallying on the back of risk on investors. In this type of environment people want to take a risker assets like stocks which means more people rotate out of metals. I think this the rotation is warranted, but want to keep my portfolio balanced so I'm not buying or sell my metals at the moment. I'm looking for good deals to add on any weakness.
Silver Chart
Portfolio Update
My current assets are valued at 2,148.89 with a total acquisition cost of $2,242.32.
Asset Allocation Chart
Asset Holding by Product