Weekly Market Report: Analysis and 3-Month Financial Forecast – October 21, 2024 | Silver Savior

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**Executive Summary**

The financial market has seen strategic shifts towards safer investments amid global economic uncertainties. The latest data suggests intriguing trends, especially in precious metals, energy, bonds, and debt instruments. Key market indicators reveal changes in commodity prices and investor behavior, which offer insights into potential investment opportunities and risks.

**Key Market Data (Week of October 25, 2024)**

– Gold: $2737.44

– Silver: $33.6055

– Palladium: $1193.653

– Platinum: $1024.94

– gold/silver: 81.46

– US 10-Year Bond Yield: 4.219

– Bitcoin USD: $67719.39

– Crude Oil: $71.6

– Copper: $4.3765

– Mont Belvieu LDH Propane (OPIS): $0.57

**Gold to Silver Ratio and Precious Metals Analysis**

A week-on-week comparison indicates that gold prices have increased from $2652.20 to $2736.25, while silver rose from $31.1805 to $34.1435 per ounce. The Gold to Silver Ratio (g/s) decreased from 85.06 to 80.14, marking a relative gain in silver’s price compared to gold. This lower ratio implies silver is now more valuable relative to gold than last week, no longer appearing ‘on sale’ to the same extent. Silver likely attracted investments as an undervalued metal last week, which is now starting to reflect in its price increment.

**Commodities, Bonds, and Debt Market Analysis**

The observed purchasing of debt, leading initially to a drop in the 10-year yield, has now had its immediate effect, and the debt-starved financial system has again begun the climb to higher 10-yield rates. This is a warning: the US debt market is falling apart, i.e., the ability to maintain interest payments on existing debt is showing stress as more and more debt must be generated to satisfy the continuously increasing demand for more and more dollars –dollars that are borrowed into circulation as debt. Can you see how this has reached an impossible state to sustain?

The current market of all financial assets is not real; it is a real-time hodgepodge of continuously manipulated prices in an attempt to forestall economic collapse as long as possible. There is no price discovery in this market. Corporate or security asset valuations are phony – they are based on rigged interest rates, rising inflation, corporate and Federal financial accounting fraud, and the total disregard of those entrusted to monitor and police economic activity.

Please adjust your protection and survival strategies according to this information. Deception, misinformation, and disinformation are flagrant, especially in the financial sector. I recommend playing it safe—acquiring assets that do not have counter-party risk—assets you own outright. 

Next week we will talk about what happens if Trump wins or loses the election — how will this affect the markets, currency and the economy.

**3-Month Financial Forecast**

– **Precious Metals:**

  – Gold is expected to remain strong as uncertainties persist, with potential spikes on adverse global economic events.

  – Silver may experience volatility but is poised for gradual growth as its industrial demand could rise alongside investment demand, influenced partially by its previous undervaluation. There are those now forecasting $50 silver very shortly. Remember, at some point, due to decades of price suppression, silver will, for a short time, become unavailable at any price!

– **Energy and Other Commodities:**

  – Oil prices might fluctuate based on geopolitical developments but remain supported by constrained supply and moderate global demand.

  – Copper and propane may hold their current values or appreciate slightly on consistent industrial demand and inflationary hedging.

– **Equities and Debt Markets:**

  – A focus on stability might spur equities generally, with particular resilience within defensive industries. Technology and healthcare sectors may see continued interest.

  – The bond market could attract further attention with mounting economic uncertainties, though the 10-year yield may see marginal increases if government debt purchase initiatives wane. It would appear now that something has changed, and debt purchases are no longer buying the same results as even weeks ago

**Conclusion & Strategic Recommendations**

The current market dynamics suggest a cautious approach: maintaining a balanced portfolio with a combination of stable-yield bonds, equities in resilient sectors, and commodities as inflation hedges. Silver’s recent upswing indicates a response to its under-positioning, while gold continues to shine as a haven. Given the shifts in bond yields, exploring commodities with industrial applications, such as copper, offers potential growth due to infrastructure demands. We advise monitoring shifts in bond yields and geopolitical events closely, as they will influence market sentiment. In times of currency devaluation, commodities of all kinds hold value, while currency-based assets (financial) wither away in value.

**Disclaimer**

This report provides an overarching analysis and should not substitute personalized financial advice. Markets are unpredictable, and investors should conduct thorough research and risk assessments.

**For Further Consideration**

Monitor fiscal policy changes, central bank activities, and inflation rates. Changes in these areas could signpost a revaluation of assets, prompting shifts in market strategy.

**Market Sentiment Check**

The sentiment remains cautiously optimistic, with a clear lean towards assets offering stability and hedging capabilities against inflation. Precious metals, specifically silver on its upward trajectory, and energy-related commodities should be weighed for their potential to bring balanced growth to investment portfolios.

Be not deceived – be prepared ~ Silver Savior

WhySilverNow.com (why is silver the most undervalued financial asset in the world)

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  • Note: We are not giving advice; we only give our opinion; we are not financial advisors. This article only represents our thoughts about the economy.

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