Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that investors need to remain focused on gold’s big picture during this volatility.
VERY IMPORTANT: For Gold Watchers
November 25 (King World News) – Michael Oliver, Founder of MSA Research: Now our suggestion to gold-watchers. As we said after March’s momentum breakout (when the green lines were overcome), gold’s pattern of technical price behavior from 2020 through early 2024 was mostly sideways price swings, with most momentum metrics that people watch caught in a zone of behavior, up and down, that made technicians consider it the “norm.” One that was reflected on all the popular so-called “momentum” tools that are on everyone’s screens.
Then came the “abnormal” surge in price and related technicals. “Normalities” then shifted to a wider, more volatile behavior. But even that process of an upward trend with “regular” pullbacks along the way became the new normal. So now every time gold and silver drop, most technicians warn darkly that you should prepare for pullbacks that aren’t simple, but layered and involve time. Or worse yet, “It’s over!”
When The Stock Market Begins To Tank
MSA argues that once we see the start of a U.S. stock market downturn, gold will be refueled with something higher octane and create yet another “new normal” trend dynamic, leaving the “ever correction” and “It’s over!” crowds behind as they wonder what’s happening.
Central Banks Will Panic
And again, why will breakage in the massive asset category of the stock market help fuel the monetary metals? Besides the history of that being the case. Because monetary metals are money, and thus the inverse of government fiat money and the ever-worsening central bank monetary policies. Bet on the central bank panicking full throttle when the bubble U.S. stock market and related categories threaten the assumption that they’re in charge. You must subscribe to Michael Oliver’s MSA Annual Service to read the rest of this lengthy and timely report. MSA also lists individual mining stocks in their reports that they believe will significantly outperform the HUI Gold Mining Index. To receive the special KWN discount to subscribe to Michael Oliver’s internationally acclaimed MSA Annual Research and gain access to their research and stock picks CLICK HERE.
JUST RELEASED: Expect Wild Trading!
To listen to James Turk discuss what to expect next for gold, silver and the mining and exploration space CLICK HERE OR ON THE IMAGE BELOW.
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