Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, shared with King World News two important price targets for silver as well as a brief discussion regarding sentiment in the silver market.
The Truth About Sentiment In The Silver Market
October 7 (King World News) – Michael Oliver, Founder of MSA Research: As for silver’s more or less typical flip-flopping behavior, unfortunately that’s what most silver longs focus on—the seemingly endless surges and collapses that go on daily, especially when the government releases “data” (B.S. information), such as Friday’s “hurray!” unemployment data. Just a month prior to the election. Nice. Did you think it would be bad? (Data internal was sick, especially in manufacturing sector, which has been in job decline for a year now, and transportation sectors, but oh well, a lot of bartenders and waiters and home care workers and yes, of course, government workers, were hired. So, no problem. Right?)
Silver: price channel
This chart and the comments regarding it were in last weekend’s report and are updated here.
Two Important Price Targets For Silver
There have been further gains in the first days of October. It still looks as if the next possible pause in this advance (momentum has a full green light on all meaningful time-scales) might be on an approach to $40. However, if that level is reached quickly, such as in the next month, then perhaps action won’t even hiccup there. MSA continues to see the next major target (in the context of an even larger advance in 2025) as…You must subscribe to Michael Oliver’s MSA Annual Service to read the other 8 pages of this important and timely report that give the higher price prediction for silver. The report also includes price targets for gold. 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.
Nomi Prins Just Made Two Shocking Price Predictions For Silver!
To listen to Nomi Prins’s two shocking predictions for the price of silver as well as her discussion on gold, uranium, oil, war, what surprises to expect in the last few months of 2024 and much more CLICK HERE OR ON THE IMAGE BELOW.
Just Released!
***To listen to Alasdair Macleod’s just released audio interview covering the wild trading he expects to see in the coming weeks in gold and silver CLICK HERE OR ON THE IMAGE BELOW.
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