Silver Price Analysis
Sellers have taken hold once again. After the election dust was settled there was a surge in the US Treasury yield and US dollar which impacted the value of precious metals. It seems like with the election of Trump metals might become a safe haven.
Silver Chart
Portfolio Update
With the recent drop I'm off my all time high. My current assets are valued at $2,805.78 with a total acquisition cost of $2,362.33.
Asset Allocation Chart
Asset Holding by Product
Silver took a beating this week….
For real I still have hopes. I do t think the euphoria will last.
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Bitcoin has made people happy, so its value will surely up again
Trump's election has influenced the economy on a large scale, cryptocurrencies for example, the price of BTC leads us accumulators to wait for the right moment to make a profit.
I'm expect Trump to end the Ukraine and Israel/Iran wars and therefore soften PM prices in the short term. So I plan to hold off some of my planned purchases for batter prices. Still anything crazy could happen, and the debt and recession is still in play. Friend, I say we've just been given more time to prepare for the inevitable.