Liberty and Finance, Released on 8/8/24

Michael Oliver from Momentum Structural Analysis highlights the potential for an emergency rate cut by the Federal Reserve due to vulnerabilities in the banking sector. He draws parallels to past financial events in 2000 and 2007, where rate cuts signal deeper economic issues. Oliver emphasizes that while the stock market might face challenges, gold and silver could benefit from these dynamics, with silver historically exhibiting rapid price increases during similar periods.

0:00 Intro
1:47 Emergency rate hike?
9:00 Gold and silver update
17:00 US presidential election
23:36 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.

  gold, investing, michael oliver, silver, stock market