Silver Price Analysis
While silver priced in Dollars pulled back by almost $1.75 per ounce after failing to top last month's high, the industrially useful precious metal set fresh all-time records in terms of Euros, Chinese Yuan, Japanese Yen, UK Pounds Sterling and Swiss Francs. Market-based odds for a US December rate cut meantime fell hard as the Democrat-Republican deal in Washington brought the shutdown to an end so we could be setting up for some big moved in the coming weeks.
Silver Chart
Portfolio Update
My current assets are valued at $5675.40 with a total acquisition cost of $3240.95.
Asset Allocation Chart
Asset Holding by Product
Silver is really having a very positive time and I believe very soon will recover effectively
If it stays above 50 for a long time, it will be good news for silver holders
Still 50$ is a nice price I think
I would chalk that up as the new normal for volatility, looks like we're in for a wild ride. And I don't have enough powder to take advantage of this dip.
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It’s crazy how the price is dropping in USD but hitting new highs in other currencies. Your portfolio gains look great too. Let’s see how the market moves now after the political news. Thanks for sharing.
Interesting update on silver prices. It’s surprising to see the dollar value drop while silver hits record highs in other currencies. Your market insights are helpful, and it’s great to hear that your portfolio has grown so much since you bought it.