Loading ...Michael Oliver Bombshell: Silver’s “Rebirth” After Smackdown – $500 Silver by Summer, $8,000 Gold – Daniela Cambone
Michael Oliver isn’t mincing words. The U.S. sovereign debt market, he warns, is sitting on a trapdoor, with dynamics increasingly resembling Japan’s long grind into bond-market dysfunction. What many traders dismissed as a “jiggle in the middle” in gold and silver wasn’t a top—it was a forced shakeout before liftoff.
As paper assets fracture, capital is rotating hard. The dollar is breaking down, commodities are breaking out, and global bond markets are flashing crisis signals simultaneously. In this environment, Oliver says legacy indicators are useless. Silver isn’t “overbought”—it’s being repriced. His call: $300 to $500 silver by summer. Not a bubble. A reset.
28 minutes
I would LOVE to believe this BUT as a Long Term PM Investor I do NOT believe these Numbers at all
I think this guy is going to look like Po Baloney by June…Book mark it
If he’s right I’ll gladly eat crow pie …but FOR now this kind of Insane projection screams CHARLATAN
BONDS ARE IMPLODING…RATES ARE EXPLODING…FIRE !!!!!.
I am not saying it won’t happen, but just listening to the intro red flags are flying everywhere. Announcing that he called the 1987 crash is pure BS. Listening to his comments about this over numerous previous podcasts one can piece together that he didn’t. Maybe he mumbled to friends that the market was too high, but calling a crash forget it, he offers no evidence. Next is the statement that he called this recent take down… no he didn’t. I recall he said that at some point possibly around March/April there will be a mid course correction, that’s it. Nothing at all resembling what just happened.
Allowing these comments to be made without correcting them tells one he has a serious ego problem and discredits him.
I will say, however that his calls back in November/December were very good, in that he laid out the thesis of a rerating, which I believe is actually occurring. But claims that he is calling timing moves are nonsense.
His words are like a sugar rush, feels good at the time, but you feel sicker having listened to them, knowing it’s just so much blown smoke up your ass. Wow! Mixing metaphors again.
Armstrong thinks a normal technical move would be to retest the main channel, which rests now at the $54 area. Then, into a minimum high by 2032 of $180 as a final high seems more within reason. I certainly hope a retest of $54 doesn’t happen. That would be pretty devastating though temporary.