Trim 2.5%
Silver ETF (ETPMAG)
*** GENERAL ADVICE ONLY ***
Description
Global X Physical Silver (ETPMAG) offers a low-cost and secure way to access physical silver via the stock exchange and avoids the need for investors to personally store their own bullion.
Trade
Allocation: Trim 2.5% (Reduce allocation from 5% down to 2.5%)
Rationale
Trim Sell Silver (ETPMAG). US Inflation numbers overnight were higher than expected. Silver does not do well in a higher interest rate, strong US dollar environment, so time to trim the ETPMAG position
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.