Silver has recently made an attempt to settle above the resistance at $27.50 after U.S. provided disappointing Non Farm Payrolls and Unemployment Rate reports. This has put pressure on the U.S. dollar letting metals really.
Non Farm Payrolls declined from 770,000 (revised from 916,000) to 266,000 compared to analyst consensus of 978,000 while Unemployment Rate increased from 6% to 6.1%.
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A move above the resistance at the $27.50 - $27.75 will push silver towards the resistance at $28.30. In case silver settles above this level, it will head towards the resistance at $28.90! We may get a short squeeze, but JPM has such tight control on the market so watch out.
My portfolio is finally up as I got into silver during the rumored WSB pump that never happened.
I want to get back into buying, but I just noticed Apmex raised their free shipping to $199 min orders...
I was buying $100/time because that was their old free shipping limit and now I stuck buying a bit more than I really want at a time. Even with this change I have another buy planned. It looks I'll be trying to stack more liberty dollars as they are my new favorite coins.
A question for the community other than your local coin shop is there any better sites than apmex that offer lower free shipping?