Analyst Michael Oliver believes the recent V-bottom in the gold miners is a near-term bottom. Once gold breaks through $2115/oz on a weekly close “it will launch and leave the earth.” As gold runs over the next several quarters Oliver foresees silver and gold miners outperforming gold on a percentage basis. Michael also believes we are near a bottom in the commodities complex. Also, in Q2 of this year, he anticipates commodities, led by corn, wheat and beans, will begin to run.
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
1:44 Commodity complex upside emergence in Q2
6:10 Corn, wheat and beans to lead commodities bull run in Q2
7:20 Gold, silver, miners
9:25 Gold above $2115 weekly close “will leave the earth” and launch
15:28 Portfolio managers will move into gold miners
17:00 What about all the mistimed gold bull move calls?
22:04 Dr. Copper
23:39 US election year’s effect on market
28:46 Michael’s website & service
https://www.olivermsa.com/
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