Silver Price Analysis
Silver fell back into familiar lows Friday as the market tumbled almost 5.5%, driven by a resurgence in US Dollar as global markets fears of an impending economic slowdown are starting to materialize. The fear is markets could roll over into a full-blown 'hard landing' if left unchecked. Friday's sharp reversal only serves to highlight silvers large exposure to broader market sentiment, tracking closely with the Dollar.
Ampex has a pretty good deal on 1 oz bitcoin rounds at 24.72
Silver Chart
Portfolio Update
It's been a tough week with silver down 5.99%. My current assets are valued at $1941.22 with a total acquisition cost of $2148.89. We are below my $23 price target so it's time too look for good silver deals to add to the stack.
Asset Allocation Chart
Asset Holding by Product