Michael Oliver: $50 Silver? No Problem.
“I don’t think you even pause at it” in an acceleration phase
Many of you are familiar with both Chris Marcus and Michael Oliver. They are valued colleagues and we also count them as friends at GoldFix.
This is an excellent interview conducted by Chris in which he and Michael discuss price and momentum as indicators of future price using historical context.
This interview is a *must* if you seek clarity on silver without noise.
Here are some implied numbers for those of you who cannot wait:
Gold historically has 8 fold moves in bull runs.
If this is a bull run, it can approach $8000
Silver historically ranges between 1.0 and 6.0 % of Golds price.
What is silver worth if it comes in at 2.5% of gold’s value in a bull market?
Michael Oliver’s MSA Technicals
Chris Marcus on Arcadia Economics
Love the smell of silver in the morning... :)