Natural Resource Stocks, Released on 9/24/24
In this episode, Andy and market expert Michael Oliver discuss the anticipated significant upward trends in gold and silver prices. They delve into technical reasons for the potential surge, examine the performance of miners, and explore the dynamics of various markets including bonds, the dollar, and the stock market. Michael shares his views on market movements, suggesting that asset managers might shift investments, seeing T bonds and gold as more stable options. The episode also touches on the broader economic impacts and provides insights for investors seeking to stay ahead in these volatile times.
00:00 Introduction and Market Predictions
00:49 Gold and Silver Analysis
03:37 Miners and Market Dynamics
11:04 Bond Market Insights
13:32 Stock Market and Dollar Trends
23:56 Conclusion and Final Thoughts
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.