Analyst Michael Oliver: “Gold $8-9k/oz or Higher in Next Two Years”
Analyst Michael Oliver sees $8,000 to $9,000 per ounce gold and silver over $200 per ounce in the next couple years. In fact, he said it would not surprise him if gold goes much higher because “this is not just another gold bull market.” Michael also sees a topping and dropping in the broad markets occurring slowly and deceptively rather than sharply via a popping bubble. This bear market will cause the Federal Reserve to ramp up the injection of liquidity to prop up equities which will result in gold and silver soaring. Gold and silver miners will outperform the metals. Michael Oliver founded Momentum Structural Analysis. He has developed a proprietary momentum based method of technical analysis. Michael technically anticipated and caught stock market crash of 1987. It was then that he decided to develop his structural momentum tools into a full analytic methodology.
