Liberty and Finance, Released on 3/3/25
Michael Oliver predicts a major acceleration in gold and silver prices, noting that the prolonged staircasing pattern in both metals is nearing its end. With gold recently pulling back from its near $3000 high, Oliver believes the current dip is just a temporary pause and that gold will soon resume its upward trajectory, spurred by global stock market breakdowns. He highlights that stock market declines often lead to money flowing into safe havens like gold, especially when major indices show signs of breaking key momentum levels. This shift, along with central bank responses, will create the conditions for a faster-paced bull market in gold, with silver and gold miners likely to outperform. Ultimately, Oliver envisions a significant rally for precious metals, potentially reaching levels as high as $8,000 for gold, driven by both market dynamics and broader economic shifts.
0:00 Intro
1:30 Gold’s rebound
5:58 Stock market vs gold
13:01 Stock market topped
14:00 $3000 gold
18:00 Silver & miners
28:45 Momentum Structural Analysis
30:34 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.