Silver Price Analysis
Another terrible week in the markets and silver was not spared. Silver is down 1.13%. The $22 level support has been crucial more than once over the last several weeks, but it has now fallen. It now make sense that we will reach towards the $21 level and see what support is found.
Silver Chart
Portfolio Update
My current assets are valued at $1624.53 with a total acquisition cost of $1716.17 which has deepened my losses.
Asset Allocation Chart
Asset Holding by Product
It's not been a good week for Silver. Perhaps it's now a good buying opportunity, maybe getting a few ounces !
I'm going to add more at $21 if we get there.
I was actually wondering what may have caused the bleeding of silver though 🙂
All assets are being sold. Silver is no different. If we get a strong dollar people don't want metals.