Resource Talks, Released on 9/21/24

Michael Oliver from Oliver MSA shares his analysis on the future of gold and silver prices. We discuss whether gold could reach $3,000 and silver $60, as well as the potential for a stock market crash. Michael also explains the current momentum in precious metals and how gold miners may be set for a major move.

00:00 – Introduction
01:14 – Is gold entering a new bull market?
09:14 – Is there a correction before we hit $3,000 gold?
11:14 – Is the dollar really the issue?
15:07 – Why has there been a pause in gold’s momentum?
17:25 – Is this a false breakout for gold?
23:23 – Could turmoil in India and China’s markets reduce demand for gold?
25:36 – How does the current gold move compare to the post-C rally?
32:09 – Is gold sending a larger message?
35:43 – What is momentum telling Michael about gold and silver stocks?
44:36 – During a crash, will there still be enough demand for silver stocks?
48:30 – Michael Oliver’s political views
01:08:25 – Important Warning

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, gold miners, investing, michael oliver, silver