Gold is about to Get Irrational to the Upside says Analyst Michael Oliver
Analyst Michael Oliver sees $8,000 to $9,000 per ounce gold and silver over $200 per ounce in the next couple years. Key breakout levels he is currently looking at are $1,950/oz for gold and $28/oz for silver. Michael shares that he believes gold and silver are about to get irrational to the upside. He also provides commentary on the general equity markets and commodities.
Michael Oliver founded Momentum Structural Analysis. He has developed a proprietary momentum-based method of technical analysis. Michael technically anticipated and caught stock market crash of 1987. It was then that he decided to develop his structural momentum tools into a full analytic methodology.
0:00 Introduction
0:57 Gold price commentary
4:31 What is driving gold price in the near-term?
8:53 What could derail gold’s upward move?
14:03 Gold & silver about to get irrational to the upside
19:17 Silver
20:52 What’s driving commodity prices?
26:59 Fertilizers & grains
29:02 Analyzing niche metal markets
31:00 Will we see stagflation in U.S.?
I liked your presentation .
Hello Michael! Looks like you’ve come a long way since Kennison’s New Banner Institute! Good for you! How is Janet getting along? I have to go along with both you and Jim Rickards on gold and silver. In the coming years, I see the value of the US dollar approaching zero and the value of gold approaching zero! Good investing!