Silver Portfolio Update 8/10/24

Silver Price Analysis
The silver market continues to see a lot of noisy behavior, as we are going to look at this as a sign that the risk appetite is probably a bit soft.

The silver market initially tried to rally during the session on Friday, but gave back gains rather quickly as it looks like we continue to see a lot of overhead pressure. It's going to continue to be a very noisy space to be in as silver is considered to be a very risky asset at times.

Silver Chart
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Portfolio Update
Still a rough week, but my current assets are valued at $2,533.75 with a total acquisition cost of $$2,362.33.

Asset Allocation Chart
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Asset Holding by Product
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Screenshot 2024-08-10 at 6.18.18 PM.png



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11 comments
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You received an upvote of 42% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

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It will take time and the position will recover

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The prices are so unsteady. It tends to go down then recover immediately !

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You're going to be so glad you decided to Stack Silver...

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I've been so busy I really haven't been paying attention lately.

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Silver price has come down a lot and on Thursday we saw some uptick I. Expect it to go back to $32.

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What might have happened to the market of silver that it depreciated

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