Silver Portfolio Update 8/13/22

in #leofinance2 months ago

Silver Price Analysis
Silver shows some resilience and bounced off the $20.50 support. The emergence of new buying near this average favors bullish traders. Miners are missing earning on weaker price action so we will have to see if physical production is cut which could lead to an increase.

Silver Chart
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Portfolio Update
My current assets are valued at $1593.43 with a total acquisition cost of $1716.17. My portfolio is still struggling as stock have pushed higher metals are trailing.

Asset Allocation Chart
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Asset Holding by Product
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We'll get a pullback. I’m guessing to the low $18’s. That’s gonna be the buying opportunity

I want to pick up some 5 oz bars if that happens

Fives are a good size.

I'm waiting for pullback to buy PSLV

I think that's pretty smart. Markets look like they will be moving with all the news on inflation and politics.

Thanks again for keeping us updated & educated, @cryptictruth. I have more confidence in Silver, than ever, no matter what paper fiat currency says.
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We will be seeing silver hit $21 before August ends

Silver price is performing better. I somehow think it will go higher perhaps reach $21.50. after that I not sure !

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