Silver Price Analysis
Whoever said PMs were good for inflation and protection against a recession has not tried silver because it's just getting beaten down We are down 5.79% this week and 8.82% this month as markets are in turmoil. With the US Dollar’s rally to a two-decade high, the XAG/USD recently witnessed a heavy downturn due to its inverse relationship. Asset markets are in bearish territory and that's no different for silver so I might add as we go lower but premiums are still higher than I would like.
Silver Chart
Portfolio Update
My current assets are valued at $1,450.09 with a total acquisition cost of $1,476.59 so I'm in the negative again...
Asset Allocation Chart
Asset Holding by Product