The Shocking Truth About The Silver Market
Here is a look at the shocking truth about the silver market.
A recent report by SentimenTrader delves into the application of model variables to the silver market. The critical factor to note is whether the model is reading above +4 or not. As long as either the eight-year silver cycle or the 30-year commodities cycle is favorable, specific months will be deemed favorable for silver. These months include January, February, July, August, November, and December, with the model reading at +5, +6, or +7.
With the 30-year commodities cycle remaining favorable through June 2038, it implies that these six months will continue to be advantageous for silver every year for the next 15 years. However, it is important to note that favorable months do not guarantee gains; rather, they indicate periods in which traders looking to play the long side of silver should consider increasing their bets.
To provide historical context, the report includes two charts displaying the hypothetical cumulative gains or losses from holding a long position in silver futures during months when the JK Seasonal Silver Model was at +5 or higher, and months when the model was at +4 or lower.
The significance of physical silver as a form of liquid money is highlighted in the report. It emphasizes that silver has always been a valuable asset, despite its wild price fluctuations. Holding physical silver is likened to having a silver bank account, particularly during periods of significant fiat debasement. The report acknowledges the remarkable upside gains during months when the silver market is +5 or higher, as well as the struggles it faces during periods with a reading of +4 or lower.
For individuals who are accumulating physical gold and silver as a means of preparing for the Great Reset, the report encourages them to continue stacking and enjoy the ride.
Overall, the report provides valuable insights into the silver market, emphasizing the importance of model readings and historical performance. It serves as a useful resource for traders and individuals looking to navigate the market effectively.
Bankruptcy Filings Are Skyrocketing
In addition to the report on the silver market, it is important to note a significant trend in the financial landscape. Bankruptcy filings have been skyrocketing, indicating a growing number of individuals and businesses facing financial distress.
While the reasons behind the rise in bankruptcy filings vary, factors such as economic uncertainty, reduced consumer spending, and the impact of the ongoing pandemic have contributed to the alarming trend. As individuals and businesses struggle to meet their financial obligations, seeking bankruptcy protection has become a necessary step for many.
Experts suggest that bankruptcy filings are likely to continue increasing in the coming months as the global economy continues to grapple with the challenges posed by the pandemic. It is crucial for individuals and businesses to seek professional advice and explore their options to navigate these difficult times.
As the financial landscape evolves and bankruptcy filings reach record levels, it is important for individuals and businesses to stay informed and proactive in managing their finances. Seeking assistance from financial advisors and exploring alternative solutions can help mitigate the impact of financial distress.
In conclusion, the rise in bankruptcy filings serves as another reminder of the economic uncertainties we face. By staying informed and seeking professional guidance, individuals and businesses can better navigate these challenging times and work towards a more stable financial future.
