Silver Portfolio Update

in #leofinance2 months ago

Silver Price Analysis
Is silver on the brink of a historic $100/ounce rally? Silver faces a $100/ounce rally potential driven by a 117.7M-ounce structural deficit, 1.2B-ounce annual demand exceeding supply, and green energy-driven industrial needs.

Silver Chart
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Portfolio Update
My current assets are valued at $2,348.25 with a total acquisition cost of $$2,362.33.

Asset Allocation Chart
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Asset Holding by Product
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If you include premiums, Silver is currently selling at about $0.40 per ounce in Sound Money…. Measuring in Sound Money, I’m expecting Silver to go to $9.00 per ounce in the “very nest@ Future…

I think we could get new highs this cycle. I'm pretty excited.

I think you have a very good chance of being right…

What do you think can be catalysts for silver to go towards 100$?

Demand and shorting

Very interesting take on silver! With demand rising and supply issues, $100 doesn’t sound impossible. Thanks for also sharing your portfolio update, it really helps to see how others are managing their assets.

Thanks I like seeing my progress too. I think silver is positioned to make a move

Silver is proving its future.

This year is a projected -206M troy oz. Seven consecutive years of structural supply vs demand deficits and by some magical voodoo the silver price still remains below $40/oz. 🤔
!PIZZA

It's got to move prices at some point, right?

And $40 will look cheap in 2026, even after the Russp-Ukrainian war premium is factored out.
BTW, the -206M troy oz Ag deficit figure is from HSBC.

Despite the massive amount of contracts started this week shorting silver. It held its own. Strong sign.

Can you say short squeeze?

I see its value going up to 100 in the next five years

You received an upvote of 100% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

PIZZA!

$PIZZA slices delivered:
@kerrislravenhill(1/10) tipped @cryptictruth

Come get MOONed!

Do you think the fall of bitcoin in price is what affect the price of silver