Miles Franklin Media, Released on 6/11/26
Andy Schectman, Founder & CEO, Miles Franklin Precious Metals, sits down with Michael Oliver, Founder and Chief Analyst at Momentum Structural Analysis, to discuss why he believes the stock market is nearing a major turning point, why the bond market poses a growing risk to the financial system, and why the recent selloff in gold and silver may represent a final washout rather than the end of the bull market. Oliver explains why his momentum indicators suggest the stock market has been topping for more than a year, why he expects vulnerabilities to emerge in the months ahead, and how central banks could be forced to respond if stress in government debt markets intensifies. He also breaks down his bullish long-term outlook for precious metals, arguing that silver remains in a major uptrend despite recent volatility. Oliver discusses why he believes silver could be entering the next phase of its bull market and revisits his long-term target range of $300 to $500.
00:00 Coming Up
01:41 Introduction
03:14 Stock Market Topping Risk
04:59 Momentum Minefields Explained
09:31 Miners Pessimism Opportunity
11:28 Gold Signals Beyond Averages
13:58 Paper Vs Physical Divergence
18:47 Silver Buyers Hold The Line
21:15 Shakeout Or Real Top
23:18 Silver To 300 500 Case
26:06 History Copper, Lead Breakouts
28:07 Money Supply And Silver Ratio
31:52 Three Strikes Then Launch
33:33 Where To Follow Oliver
34:29 Final Thoughts And Outro
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.
Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.