Liberty and Finance, Released on 12/30/22
The stock market represents the biggest bubble in US stock market history, and it is unwinding. Investors are shifting out of equities. Momentum analyst Michael Oliver expects the Fed to pivot in 2023. Gold and silver will anticipate this shift, he says, and have already started their move higher.
1:50 Gold/silver update
8:01 Pullback coming?
12:34 Dollar Index
19:49 Fed pivot 2023
22:44 Market unraveling
24:29 Momentum Structural Analysis
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.