0:00 Introduction0:57 Gold price commentary4:31 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 upside19:17 Silver20:52 What's driving commodity prices?26:59 Fertilizers & grains29:02 Analyzing niche metal markets31:00 Will we see stagflation in U.S.?
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 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.
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.