With the gold market taking the world by surprise this week breaking above $1,500, one of the most important interviews of 2019 has just been released with Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets.
One Of The Most Important Interviews Of 2019
October 26 (King World News) – Michael Oliver at MSA: “The gold market has done something that probably surprised most people. It moved up moved up hundreds of dollars since October of last year, and it did it without any encouragement or stimulation from the US dollar being weak. And the stock market — the S&P 500 — if you go back to January of 2018, we are only about 5% higher almost 2 years later, which is trivial. So there’s been no encouragement from outside major asset categories to drive gold upward, and yet it did.
And it was our view that the next stimulus for gold would probably need to be a weakening of the dollar and a breakout by the Bloomberg Commodity Index. And sure enough, last week, the US dollar dropped below our major sell numbers and this week the Bloomberg Commodity Index broke above its starting gate to the upside. We find that interesting but not surprising that these two asset categories are at their starting gates for a large downside move in the dollar and a large upside move in commodities, both of which will put massive wind at the back of the gold market. But our message to our subscribers is…***KWN has now released Michael Oliver’s remarkable KWN audio interview and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
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