Michael Oliver: Gold and Silver to Go Parabolic. But Focus on the Gold Stocks and Silver Stocks

This video features a discussion on the undervalued state of the mining sector, particularly gold and silver miners, compared to the S&P and the price of gold. The conversation highlights notable investor Stanley Druckenmiller’s pivot from big tech to mining giants like Newmont and Barrick, and Michael Oliver shares insights into the recent performance and future potential of gold and silver. Oliver elaborates on the significance of momentum over price action, historical bull markets, and predicts a parabolic surge for gold and silver. The talk underscores the miners as a highly undervalued sector and anticipates substantial moves in the metals’ prices, driven by macroeconomic factors and central bank policies.