Michael Oliver: It's GAME ON for Gold & Silver
Liberty and Finance, Released on 4/10/23
Gold and silver are looking incredibly bullish, says momentum analyst Michael Oliver. "All the green lights we can turn on have turned on," he says, "The game's on now." He discusses his price targets on metals and also his outlooks for the stock and bond markets. He believes the stock market bubble has popped and sees significant downside from here. The Fed was not anticipating the banking crisis, he says, and a panic pivot is necessary.
0:00 Intro1:00 Gold/silver update10:00 Stock market15:30 Fed panicked19:23 Credit crisis21:16 Oliver MSA
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton's Commodity Division and Chairman of the COMEX. In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth. In 1987 Mike technically anticipated and caught the Crash. It was then that he decided to develop his structural momentum tools into a full analytic methodology. In 1992 the Financial VP and head of Wachovia Bank's Trust Department asked Mike to provide soft dollar research to Wachovia. Within a year, Mike shifted from brokerage to full-time technical research. His website is Olivermsa.com. He is also the author of The New Libertarianism: Anarcho-Capitalism.
Michael Oliver: It's GAME ON for Gold & Silver added by Herman James on 04/09/2023View all posts by Herman James ?+'