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Michael Oliver: Gold's first Resistance is $3,000 --$3,200 but heading much higherNo matter election outcome, stocks not pricing in the chaos to follow.
Michael Oliver has been one of the favorite guests on Turning Hard Times into Good Times so it is fitting that he was the first guest as we seek to reactivate the show for the first time since it was temporarily paused in 2003. My discussion with Michael lasted approximately 38 minutes. He not only talked about precious metals and the miners but about stocks, bonds, Bitcoin and commodities. Our discussion ended when Michael warned that the equity markets have not begun to price the chaos that is most certin to follow the November elections, no matter the winner. With massive deficits, the likely outcome will be monetization of debt, digging our country into an even deeper fiscal hole. That will most certainly lead to massively higher prices not only for the monetary mtals but all manner of commodities and other assests that cannot be printed. Its hard to ask you to enjoy this discussion because Michael pulls no punches. He is not trying to sell you any financial products or even gold or silver for that matter. He derives his income from the sale of his newsletter, “Momentum and Structural Analaysis” (MSA). Rather than engage in “happy talk” Michael calls balls and strikes which explains why serious investors like Eric Sprott and other well known pros consider MSA a favorite publication. Go to OliverMSA.com to subscribe. Meantime listen to what Michael has to say right now. Best wishes Jay Taylor You're currently a free subscriber to J Taylor's Gold Energy & Tech Stocks. For the full experience, upgrade your subscription.
© 2024 Jay Taylor |
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