Silver Portfolio Update 2/24/24
Silver Price Analysis
Silver drifted lower this week but ended slightly up week over week. The recent failure to find acceptance above a technically significant 200-day Simple Moving Average (SMA) and the subsequent downfall validates a near-term negative outlook. This may open an opptounity for buying physical further reducing the supply.
Silver Chart
Portfolio Update
My current assets are valued at $2,200.77 with a total acquisition cost of $2,362.22. I'm happy we saw a slight gain this week as 2.03% as it's been fairly negative.
Asset Allocation Chart
Asset Holding by Product
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You have created a Precious Gem!
It's holding it's own for now, but eventually we should see a nice northward push on silver! I love your organized table of the silver holdings and current values.
!BBH
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This is a long term holding I think I'll be rewarded in the end.
I guess silver is heading to a downward trend
It's looking like it.
There’s gonna be a pull back in my opinion. Premiums are dropping that means lower prices are coming.
I'm sitting right for some premium retraction like you said. I was hoping that would be the case since they were pretty steady even with the drop.
Oof, might be a good time to be picking some up!
Yeah I need to average...
A bit down but I think this year we may pop off !BBH
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Just a bit down but not too bad.
I feel you man market been going sideways for a while now !BBH
@cryptictruth! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bitcoinman. (8/50)
You have a lot of silver, is that all your earning?
I do I have some gold, crypto and a lot in stocks. Most of the stocks are in my retirement account.
It's still a good time to buy for the long term
Still in my range I was not expecting to dip this quick but it's an opportunity to buy at these levels.
Yes
A buy opportunity for silver holders.
That's for sure!
Silver is really bleeding massively