Liberty and Finance, Released on 9/2/24

Michael Oliver discusses how, regardless of the election outcome, the market’s response is unlikely to be calm or normal, given the heightened divisions and uncertainty. Oliver highlights that such political turmoil typically disrupts conventional market patterns, with potential sharp declines in stock indices while gold could outperform. He draws parallels to past crises, noting that while gold may experience brief declines, it generally rebounds strongly against falling stock markets. Oliver emphasizes the need for investors to remain vigilant and adaptable, as the current environment suggests a turbulent period ahead for both equities and precious metals.

0:00 Intro
1:05 Gold vs stock market
5:40 Fed rate cut
11:45 Silver update
14:37 Election & markets
27:29 Weekly special

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, stock market