Silver Price Analysis
Silver prices may be benefiting from undeclared but substantial buying by Russia’s central bank. Part of the reason for silver’s 30.6% rise since early January compared with gold’s 27.5% increase is a simple case of silver trying to catch up with gold, which has been a commodity sector star for the past three years. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 87.38 on Friday. I think we should see $40 very soon!
Silver Chart
Portfolio Update
My current assets are valued at $4,278.02 with a total acquisition cost of $3,240.95.
Asset Allocation Chart
Asset Holding by Product
People are currently investing more money in silver than gold
There were some crazy shifts, lots of paper contracts wee thrown around. Lots of support at the $38 marker. Let’s see if the paper silver can continue to hurt the spot price.
oh russia is buying silver? any insights on why? it should pump it for sure
I am pretty sure, this allocation will make you rich ;) Silver's time is coming.
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Consecutive years of silver supply deficits. Silver lease rates going over 6% and iShare silver shorts are scrapping the bottom of the barrel. Silver is set to launch. Making some popcorn.
!BBH
!PIZZA
sadly i am not holding any silver, physically or online.
Silver is having a negative time in the market. Hopefully it will recover back soon
$PIZZA slices delivered:
@kerrislravenhill(4/10) tipped @cryptictruth
Come get MOONed!