Silver Portfolio Update 6/18/24
Silver Price Analysis
Silver prices are facing headwinds on Tuesday from rising U.S. Treasury yields and mixed signals from Federal Reserve officials regarding potential rate cuts. This creates a cautious short-term outlook, but long-term prospects remain bullish.The recent pullback has allowed technical signals like RSI to cool off on the short term. The 10-year Treasury yield climbed above 4.28% on Today, increasing the opportunity cost of holding non-yielding assets like silver. Fed policy will dictate the upcoming price action for assets like silver.
Silver Chart
Portfolio Update
I have been a bit busy to get my weekend report out so I thought it was a good day to give my update. My current assets are valued at $2,643.95 with a total acquisition cost of $$2,362.33.
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!
I sold the last of my silver rounds the other day, it was sad, but had to be done. But, I just got a new job, so I will be able to get back to some stacking. Hopefully the price holds out for a bit because it looks like it wants to pump again.
I'm sorry to see you sell the prices have been good so I don't blame you.
Well, I was in profit, so it's not a bad thing. I consider it my 'hard savings' anyway, so if I need it, I need it.
Things have been really funky lately. I mean prices just all over the place. It's kind of like everything is in turmoil. I expect it will be like this until after the election.
Yeah it's making me tired of markets. The swings are dizzying and I have not had the energy to keep up as I once did.
Yay!!!
Getting back into it.
You're still up, but those prices have been up and down. I keep hoping for another push past $30!
I'm pretty happy with my gains now I only wish I had more
I know that feeling all too well!
I should have been adding starting a long time ago but that's life
Better late than never!
With the end of the Petrodollar coming metals are most likely going to take off. Buy buy buy
I need to read more into this.
Silver is really having a bad time as it will bounce back in a short of time
I think it will be fine.
Whole markets are down
You've made steady progress with your Stack. I recall back when you had barely a page.
Silver is really having a bad day I must say