ITM Trading, Released on 2/6/26

Legendary technical analyst Michael Oliver delivers a stark warning on the fragility of U.S. sovereign debt, predicting a bond market crisis that could mirror Japan’s spiral. Oliver frames the recent “jiggle in the middle” correction in gold and silver not as a top, but as a shakeout before a historic surge, driven by a massive structural shift out of paper assets. He points to the simultaneous breakdown in the dollar, a breakout in the commodity complex, and the “crisis mode” in global bond markets as converging forces. Arguing that old trading metrics are now obsolete, he projects silver could rocket to $300-$500 an ounce by summer, stating, “Old notions of overbought are incorrect… this is a rebirth to a new reality.”

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, investing, michael oliver, silver