Money Managers About To Rush Into Gold/Silver | Michael Oliver
Liberty and Finance, Released on 1/28/23
Momentum analyst Michael Oliver believes we are nearing a breakout point in the gold and silver sector. Large money managers who have dismissed gold until now will start reconsidering the yellow metal if it continues to outperform other assets, says Oliver. He expects a panic sell-off in the stock market as investors realize the bull market is over.
0:00 Intro1:55 Gold/silver update9:42 Silver's dramatic rise12:31 Fed meeting20:36 Stock market crash26:40 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.
Money Managers About To Rush Into Gold/Silver | Michael Oliver added by Herman James on 01/27/2023View all posts by Herman James '