Silver Portfolio Update 9/8/2024

in #leofinance3 months ago

Silver Price Analysis
The silver price plunged late Friday, down over 3%, and traded at $27.89 after reaching a high of $29.11. It's pretty wild, but market sentiment turned risk-averse to precious metals, while the dollar gathered some traction amid falling US yields. All assets got crushed and the bipolar nature of this market is exhausting.

Silver Chart
Screenshot 2024-09-08 at 9.10.50 AM.png

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Portfolio Update
Down 3% this week my current assets are valued at $2,570.65 with a total acquisition cost of $2,362.33.

Asset Allocation Chart
Screenshot 2024-09-08 at 9.11.39 AM.png

Asset Holding by Product
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Silver prices are so volatile. If it dips a bit more, could be worth buying again !

I'll be buying in a good dip.

Silver price took a break, hoping it will rise soon

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If we see another dip of $1 this week id be looking to buy if I were you

I actually ended up making some good money on slv calls and puts that I'll roll into physical when my price point hits.

The price is really moving so bad. Well I really hope it recovers

It's been a roller coaster

The market is really bleeding massively and needs to recover

Some up and some down I guess that's the game.

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