Silver Price Analysis
Silver is quietly outperforming gold in generating returns to investors and perhaps has a more compelling long-term outlook given a structural supply deficit and surging demand from renewable technologies such as solar panels. With the government back open we got a whole host of new data. Initial U.S. jobless claims in the US fell by 6,000 from the previous week to 216,000 on the period ending November 22nd, a third consecutive drop to tie the lowest level since February, and below market expectations of an increase to 225,000. Traders and investors are once again betting that the Fed will cut U.S. interest rates again when policymakers meet next month which means we need to keep all eyes in the Fed.
Silver Chart
Portfolio Update
My current assets are valued at $5,973.20 with a total acquisition cost of $3,240.95.
Asset Allocation Chart
Asset Holding by Product
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!
Silver outperforming gold is such exciting news.I appreciate how you combined market trends with your personal portfolio,it gives a complete picture.
Yeah all eyes are Ron the cut rate, we will see