Silver Portfolio Update 5/3/25
Silver Price Analysis
Silver reached $32.71, tracking gold's rally, as soft economic data raises expectations of Fed easing by year-end. Even as markets rallied the ADP employment report signaled weakening private-sector job growth, while initial jobless claims jumped to 241,000, marking the highest reading since February. The ISM Manufacturing PMI also remained in contraction at 48.7, underscoring broad economic deceleration. I think stocks will fall but money manager will keep pumping the markets to kill options.
Silver Chart
Portfolio Update
My current assets are valued at $3,790.31 with a total acquisition cost of $3,240.95.
Asset Allocation Chart
Asset Holding by Product
0
0
0.000
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!
Bad data on job and production shouldn't pump gold and silver?
I thought it would but we are in a weird spot as I explained above in silverd510 reply
This is a buying opportunity
I think if the market pulls back silver will too. We are in a weird spot where it should go up but its going down when stocks go up and down when stocks go down?
Silver is definitely having a bad day in the market. Hopefully it recovers in the coming days
I think it's time to make a profit from gold here, it's risen quite a bit