Silver Portfolio Update 12/21/24
Silver Price Analysis
Silver prices have been in a relatively narrow range between $30 and $32 per ounce, up until the final Federal Reserve meeting, which drove both gold and silver prices sharply lower, and saw spot silver finally bounce off support at $29 per ounce.I think there is still bullish potential and we can expect continued strength from silver prices going into 2025.
Silver Chart
Portfolio Update
Silver was down 3.42% this week with some wild Fed action so my current assets are valued at $2,893.64 with a total acquisition cost of $2,583,31.
Asset Allocation Chart
Asset Holding by Product
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I agree with you, the price of silver could give us good surprises.
I think 2025 we will see another 15-35% rise in prices.
Very strange for silver to take the pounding it did when gold bounced back after the one pounding. Something is surely up, very fishy to me.
Silver always gets the short end of the stick. JPM's metal desk likes to play with the price paper silver has been bad for the market.
Indeed, if fundamental factors such as industrial demand and global monetary policy remain supportive, silver has a great chance to experience a bullish trend in 2025. May your portfolio continue to grow along with this trend! Stay optimistic and strategic!
I was not thinking silver would get hit so hard and take a second to recover. I guess it's another buy zone.
Silver prices have stalled after Donald Trump won, I expect silver prices to rise very soon
I thought it would be on the rise we will have to see what 2025 has in store for us.
Should start shopping here I think prices will start going up again
Price whether Up or Down,
Have a Merry Christmas @cryptictruth