Is May One of the Best Months to Acquire Silver?
Is May One of the Best Months to Acquire Silver? by Rory – The Daily Coin
According to seasonality and Mike Matousek, May is one of the better months to add to your stack. Mr. Matousek is addressing traders, but since we stack instead of trade, we follow what the traders are doing and make the appropriate adjustments.
According to the chart below we can see that May, over the past five years, has been the 3rd best month of the year to acquire silver and the best month to acquire going into a period of silver trading higher. With May showing an average of 3.28% drop this is great news for those wishing to start a new stack or add to their existing stack. The absolute best month would be November with an average of 6.39% downside.
While I’m not a trader you would be foolish to not know what the charts are doing, when they are doing and why. This is how we add to our stack at the best possible time as we continue to move toward a global monetary shift. Since we are dealing with a massive unknown May is looking good to add to the stack and possibly re-assess come September – or just continue adding to the stack each month!! Either way more money is a good thing to have around and a great thing to more of than less of.
Mike provides a full explanation in the video below.
How do you know when to underweight or overweight gold or silver? Mike Matousek, head trader at U.S. Global Investors, explains how he looks at the gold and silver price ratio to determine the opportune time to adjust weightings. Mike also explains silver’s seasonal trading pattern and that historically returns are higher in the months of June, July and August.