Silver Price Analysis
Silver Price rises for the seven straight day putting aside the jump in US Treasury bond yields and the strong US Dollar. Stocks took an absolute beating on Friday, but silver held out. However, there is some resistance at the 50-day SMA at $30.42, which has kept prices from reaching the 100-day SMA at $30.80. If we clear those levels, that will clear the path to challenge $31.00 and expose the next cycle high seen at $32.32, December’s 12 peak. Here's to good 2025!
Silver Chart
Portfolio Update
Silver had a pretty good week up 2.71%. My current assets are valued at $3,234.14 with a total acquisition cost of $2,814.683. You'll notice I added some more to the stack at the end of the year!
Asset Allocation Chart
Asset Holding by Product