Liberty and Finance, Released on 5/22/24

Silver is starting to outperform gold, and Michael Oliver says this outperformance signals fireworks are coming in the metals markets. Precious metals are clearly anticipating a Fed pivot. Silver could surge above $50 within months, he forecasts. Rate cuts don’t necessarily mean higher stock prices. General equities are likely topping and could fall significantly, he argues.

0:00 Intro
1:30 Silver’s outperformance
8:45 Pullbacks
12:40 New highs for silver
15:58 Commodities
20:50 Rates & the stock market
25:44 Last thoughts on metals
28:30 Momentum Structural Analysis
29:30 Weekly specials

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.

  gold, investing, michael oliver, precious metals, silver, stock market