The Demise Of The Central Banks | Michael Oliver
Liberty and Finance, Released on 4/11/22
Stocks are currently in the biggest bubble in history, says analyst Michael Oliver. Central banks, like the Fed, have created this bubble. As the markets crash, the Fed will have to reverse their tightening. Amid flip-flopping policies, the Fed will lose public acceptance. "It's the demise of the central banks," says Oliver.
0:00 Intro1:38 Gold update7:10 Mining sector8:44 Silver update11:24 Stock market16:52 Dollar Index20:21 Bond market22:29 Fed reversal25:53 Gold rally27:19 Metal's momentum29:27 Momentum Structural Analysis30:06 Miles Franklin
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.
The Demise Of The Central Banks | Michael Oliver added by Herman James on 04/10/2022View all posts by Herman James ?+'