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Michael Oliver on Why US$8,000 Gold is not a Silly NumberTrump will be blamed for major market disruptions while commodities, gold miners and silver soar in value.
Michael Oliver, the author of the Momentum and Structural Analysis newsletter, says his work is strongly suggesting that equity markets in the U.S. are facing a major top and that key sectors like healthcare and banking are looking technically vulnerable. An equity market decline of 20% or so will soon after trigger weaknesses in the economy even as commodity prices and inflation begin to rise. Those forces are in play no matter what policies the Trump administration puts in place. With the major equity markets no longer working, investors will turn to what is working which will be commodities, the mining companies, and especially silver. He sees 2025 as being a year of sudden market changes. And yes, Michael believes that even as gold soars toward $8,000 an ounce and possibly well beyond, the biggest gainers will be the mining shares and silver. Michael will explain why $8,000 gold is not a silly number and tell you why his charts are suggesting equity market vulnerability, a weak dollar and strength in precious metals, commodities and silver. I don’t think you will wan to miss Michael’s words of wisdom. 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.
© 2025 Jay Taylor |
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