I think it is very obvious that I would be adding Silver to this list. It is my main Safe Haven for the market correction and I have already been holding it since March 2024.
We have been presented with another opportunity to add now as the price is below the $30 support level, this is the weekly chart and we can see that we are still holding above the 50 and 200 WMA's too.
50 WMA is at $28.60
200 WMA is at $24.60
I will have no issue accumulating Silver within this range to simply hold for 12-18 months to weather a corrective storm in the market.
I am already in the green here on my position and my main aim for buying Silver was to conserve capital and this has been significantly better than a money market fund for 2024.
I believe Silver should be in everyone's portfolio for 2025 and I am thankful we are getting another opportunity to add below $30.
There is also a bullish scenario here where Silver can double by early 2026.
VPWR7
2025-01-01 21:55:15 +0000 UTCDC
2024-12-31 15:42:39 +0000 UTCAlexander
2024-12-31 12:25:59 +0000 UTCSam R
2024-12-31 11:49:49 +0000 UTC