Commodity Culture, Released on 11/8/24
Michael Oliver thinks both the fundamental and technical factors driving the silver price are pointing to a price spike past previous all-time highs that will leave most market participants in the dust. Michael discusses the details behind his thesis, along with his thoughts on why manipulation of the silver markets will only make the coming price spike more extreme, his view on silver’s rising demand in solar energy, and much more.
00:00 Introduction
00:44 Broad Outlook on Silver
05:41 Lots of Downside to Come in Markets
11:27 Silver Price Manipulation
14:43 Is Solar Driving Silver Demand?
20:34 Public Awakening to Silver
23:31 Is Silver in a Stealth Bull Market?
27:26 US Election Effect on Markets
31:39 Ballooning Debt and Deficits
36:16 Outlook on Commodities
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.
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