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Founder of Momentum Structural Analysis Michael Oliver compares the current market situation to past bubbles to explain why this one is likely to be the biggest in modern history. Michael muses on the current extreme political divide in the United States, and how that could exacerbate an already massive financial calamity waiting in the wings.
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00:00 Introduction
01:36 Cessation Activity in the U.S.
11:53 Lost Trust in the System
15:46 Left Vs. Right
19:22 Volatility of Political Climate
23:54 Gold in a Market Crash
26:04 Gold & Silver Equities
29:55 How To Play Precious Metals
33:34 Thoughts on Base Metals
34:57 Leading Indicators
38:32 Bank Failures
39:35 Healthcare Sector Vulnerability
#recession #marketcrash #bearmarket
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39 Comments
Michael is the best of the best with technical analysis.
Ask the u.k. how Brexiting worked out
Really? Secession? Ever heard of the Civil War? Shay's Rebellion?
12 month T-Bills 5.24%
The only thing is concerned is the role BIS will play. The gold price is more likely to be determined by them, not Fed, market or JPM. They can dump trillions of imaginary gold contracts to make gold to zero without CFTC intervention. It is a very sharp knife never appear since 1970. 2nd is the blockchain to be implemented in Texas to ensure peace and safe of gold electronically. The last thing is BRICS is not superior than U$ as why can't use oz/kg/ton/carat to begin with, get rid of all their fiat to ensure all holders without any concern about money printing at first place. It is not the best idea
Without financialisation, the US does not have an economy. So the markets can't be permitted to fall. Corrections, yes. Crash, no. That will invite helicopter money
With the criminal fed nothing will ever go down. It will go down by 15% and then sky rocket to 200% and they will claim it was a correction
RECESSION………DEPRESSIONOliver thinks that Texas may break away from the Union ?…….. he's clueless 🤣
we have a literal dementia patient destroying the country at a pace never before seen, and trum is the one who will see a 20% of R split away from voting for that?? And by the way he speaks even making it sound as if effectively 0% of D will split away from this vegetable
trum is the leadin candidate over everyone, and even last time when he was down 15 points in polling just before the electio he still won, so he will be the first one in history to win three times.
even the propaganda networks thinks youre off…
maybe when you dont have a clue about politics, chill with the predictions?
Another great guest. The show keeps getting better and better!
Dems are home free to re-election/olection to Obama's fourth term. Trump is a lifelong Dem. There won;t even be a Republican candidate.
Manipulation is pretty much full steam ahead, not sure how it gets stopped at this point. Everyone keeps saying, this is it, the bond market is cracking, the dollar is collapsing, interest rates are killing the housing market, silver is gonna rise…..but then nothing happens. Lol yawn.
Great episode
Snake oil podcast
Been hearing this forever now 😂
The face value on the coin itself is legal tender. Not Gold bullion or silver bullion. Its the face value of a coin. No one in their right mind would spend the gold and silver for face value.
Mad respect to Michael Oliver. Question: He says that Alaska passing a law that gold and silver are legal tender are secession. How is that when our constitution says that ONLY gold and silver are money? Paper money is not legal money per our constitution but, since everybody uses it, it is what it is.
❤🎉 100 💯 civil unrest actually already here. Look at the shop lifting mobs that show up. What’s that a party gathering expo?
eurodollar controled by global big banks not FED.
🏅🥈🏅🥈💪💪🧙🏼♂️👋👋
👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍😂😘😎🔥❤❤❤❤
great interview Jay; but a little frightening too.
Great interview with a expert guest. Thanks Jay. FYI: podcast on Apple has periods where audio drops. Glad You Tube had no such issue.
Great Channel … but IMO there must be a smarter way to motivate sellers to sell harder and faster driven by a fear, doubt and doubt narrative ?
You want to increase productivity? Increase peoples wages – simple. HH
We love Micheal. Excellent guest.
Evry contry use there own money for goods and food.
Apple stock chart is as straight as a ruler.
All wars will be civil wars.
Why would a digital currency need to be backed by gold – unless it has no intrinsic value.
The guest doesn't explain why the miners have such a leverage effect to physical gold. For about the last 10 years, the spot price of gold has been so low and the all in sustaining cost (AISC) of gold production so high, that there hasn't been much net profit for the miners. To make the problem worse, gold miners generally don't invest in mine capital costs because it's very difficult or expensive to get funding to expand mines. And then the reserves of gold ore bleed off as they mine without further exploration or acquisition of new reserves. So a mine acts as a wasting asset with relatively little profit margin.
But once the spot prices of gold goes up dramatically, the profit margins improve, but also the proven and probable reserves get reassessed when considering the value of the company. If the price of gold stays elevated, then those reserves get monitized into profits. So you can think of a gold miner as just a long duration call option on gold ore real estate.
Two examples of retailers that are cheap on a valuation basis are Macy's (M) and Dillards (DDS). Both are large department store chains which have a high net earnings per share and give some dividend. They both also have a lot of their own real estate, so their business models are a lot like McDonald's (sell hamburgers to cover the cost of their real estate holdings). More importantly, both companies lost two major competitors with the demise of Sears and JCPennys.
Macy's stock price is currently near it's post-2019 lows, while Dillard's share price is pretty high. Many manufacturers who thought the path to riches was going direct to consumer, found out the hard way that customer acquisition costs and shipping ate into the extra profit margin. Some of them are going back to retail chains for their distribution. However, some retailers like Nordstroms (JWN) have been barely breaking even may continue to struggle or do worse during an economic downturn.
The days of stock market recessions are over. We will never see a 2000/2008 extended 50% crash imo. 2016/2019,2020,2022. All could have been crashes. Do people understand planet Earth shutdown because of a virus that threatened mankind's existence and stocks only crashed for 60 days? People thought 2022 was the beginning only for 2023 to rebound huge. Wallstreet wont allow people to buy in easily anymore on economic wipe outs. Dollar cost average and walk away.
Hard because a gold backed holds restraints on fiscal political policy. Won’t endorse it will they… the political elites.
Does Michael see Pt with Au/Ag or with basic metals? As he does not divide into pm and basic, but into monetary and basic Pt seems somewhat undefined.
MO of MSA is one of my ‘must listen’ analysts. Subbed to his work as well. Great channel Jay. Keep it going.
What confuses me is that there seems to be much much more buying and taking delivery of Gold and Silver over the past
year by several nations to the tune of millions of tonns. And with inflation high all over the world…how did the price of
both gold and silver actually go down…certainly over the past 3-4 months….doesn't make sense to me…what happened to supply and demand?
Every crash brings with it an equivalent market chance if you are early informed and well-equipped, I've seen folks on verified posts that turned millionaires amid crash, and even pull it off easily in bullish times, it all boils down to proper asset allocation.