Silver Price Analysis
While gold has seen a surge of bullish momentum this month, the silver market has been relatively calm. However, there are some signs investors are finally paying attention to silver as it it up 3.29% this week and the gold/silver ratio looks to end the week at its lowest point so far this year. The ratio is currently trading around 85.50 points which is down sharply from the 89 points seen at the start of the week. The ratio historically trades between 50 to 60 points so could we see a breakout in silver prices soon?
Silver Chart
Portfolio Update
My current assets are valued at $2,348.25 with a total acquisition cost of $$2,362.33. I'm almost back to even which is crazy at this point.
Asset Allocation Chart
Asset Holding by Product