Gold $8-9k/oz or Higher in Next Two Years says Analyst Michael Oliver

By MiningStockEducation.com / February 23, 2021 / marketsanity.com / Article Link

0:00?EUR< Introduction1:16?EUR< Michael's momentum structural analysis approach4:54?EUR< Gold price7:49?EUR< Move into gold a fear trade?9:49?EUR< What does world look like when gold is $9k/oz?12:35?EUR< Stock market to drop but not crash18:35?EUR< "Silver is now the leader"20:10?EUR< Silver at least $200/oz or higher21:18?EUR< "This is not just another gold bull market"23:23?EUR< Gold and silver miners25:12?EUR< Bitcoin28:22?EUR< Info on Michael's MSA service

Analyst Michael Oliver sees $8,000 to $9,000 per ounce gold and silver over $200 per ounce in the next couple years. In fact, he said it would not surprise him if gold goes much higher because "this is not just another gold bull market." Michael also sees a topping and dropping in the broad markets occurring slowly and deceptively rather than sharply via a popping bubble. This bear market will cause the Federal Reserve to ramp up the injection of liquidity to prop up equities which will result in gold and silver soaring. Gold and silver miners will outperform the metals.

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.

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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