Michael Oliver: Why Gold & Silver Will Breakout As Debt Continues To Skyrocket

Living Your Greatness, Released on 6/11/24

Michael shared his journey from libertarianism to market analysis, offering a unique perspective on market dynamics and investing. He highlighted the historic performance of silver and gold, noting silver’s recent breakout and its potential to outperform gold. We discussed the commodity sector’s growth potential, especially in energy, oil, and natural gas, and the importance of contrarian investing. Michael emphasized the need to prepare for economic uncertainties, drawing parallels to “Atlas Shrugged.” He also warned about the current stock market bubble, advising caution and strategic investment in gold and silver miners. Michael’s expertise provides valuable insights for navigating today’s volatile markets.

00:00 Permission granted, relationship formed, interview conducted.
05:45 Unusual market analysis predicts historic, dramatic events.
09:00 Football game hype warning, stock market turmoil.
10:59 Late 90s saw .com bubble burst, AI rise.
14:56 Unemployment worsens, government jobs grow, Fed responds.
20:09 India and China impacting gold and silver.
23:02 Gold price skyrocketed, breaking years-long ceiling.
24:35 Gold and silver prices surged in 1979.
28:04 Long-term gold investors should focus on silver.
32:34 High levels of polarization and potential violence.
37:02 Dismantling government led to 20% housing price drop.
40:05 Debate over cryptocurrency usage and government control.
41:12 Bitcoin’s limited supply restrains government control.
47:44 Prepare for unusual times; take care of yourself.

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.

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