Expect Accelerated Phase For Gold/Silver | Michael Oliver

Michael Oliver predicts a major acceleration in gold and silver prices, noting that the prolonged staircasing pattern in both metals is nearing its end. With gold recently pulling back from its near $3000 high, Oliver believes the current dip is just a temporary pause and that gold will soon resume its upward trajectory, spurred by global stock market breakdowns. He highlights that stock market declines often lead to money flowing into safe havens like gold, especially when major indices show signs of breaking key momentum levels. This shift, along with central bank responses, will create the conditions for a faster-paced bull market in gold, with silver and gold miners likely to outperform. Ultimately, Oliver envisions a significant rally for precious metals, potentially reaching levels as high as $8,000 for gold, driven by both market dynamics and broader economic shifts.

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1 oz Gold South African Krugerrand: $49 over spot
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INTERVIEW TIMELINE:
0:00 Intro
1:30 Gold's rebound
5:58 Stock market vs gold
13:01 Stock market topped
14:00 $3000 gold
18:00 Silver & miners
28:45 Momentum Structural Analysis
30:34 Weekly specials
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