Commodity Culture, Released on 1/31/24
Michael Oliver reveals the key indicators to watch for silver to not only return to previous all-time highs of $50, but blow past that target and shock the market. Michael also provides his view on the gold and silver mining sector, including where he’s personally allocating capital when it comes to silver stocks, along with giving his forecast on uranium, copper, energy, and more.
00:00 Introduction
00:45 Gold & Silver Versus S&P
04:21 Broad Market Set to Crash?
14:12 $50 Silver in 2025?
17:53 Gold & Silver Miners
25:46 Focus on Silver Miners
28:27 Outlook on Uranium
31:41 Copper: Bullish or Bearish?
35:08 Are Oil & Gas Undervalued?
38:54 Investing Outside the US
41:15 Risk of Investing in China
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.