Liberty and Finance, Released on 12/23/25
Michael Oliver argues that silver has broken out of a multi-decade range and entered a “new reality,” with the potential to rise rapidly to $200 or higher within a few quarters. He bases this on momentum and relative-performance breakouts of silver versus gold and precious metals versus the S&P 500, signaling a major shift away from equities. Oliver believes gold is also in a powerful long-term move that could ultimately reach $8,000 if it repeats historical logarithmic patterns. He downplays fears of stock-market downturns hurting silver, noting that correlations are inconsistent and that monetary metals often rise independently during early equity declines. Overall, he views the current environment as the early stage of a broader fiat-currency and debt crisis that strongly favors gold and especially silver.
0:00 Intro
1:30 Silver update
13:32 Stock market downturn
18:41 Platinum update
21:50 Gold update
27:50 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.