Liberty and Finance, Released on 9/30/23

Why are precious metals falling? Momentum analyst Michael Oliver points to the recent collapse in the bond market. He explains why the sell-off in metals is likely to be short lived. However, he expects downward pressure in the stock market which will force the Fed to pivot. A Fed reversal would likely be very bullish for gold and silver.

0:00 Intro
2:00 Gold pullback
16:53 Stock market
23:00 Silver update
26:30 Oliver MSA
27:25 Last thoughts

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, stocks