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Michael Oliver Bombshell: Silver's "Rebirth" After Smackdown - $500 Silver by Summer,
Legendary technical analyst Michael Oliver delivers a stark warning on the fragility of U.S. sovereign debt, predicting a bond market crisis that could mirror Japan's spiral. Oliver frames the recent "jiggle in the middle" correction in gold and silver not as a top, but as a shakeout before a historic surge, driven by a massive structural shift out of paper assets.
He points to the simultaneous breakdown in the dollar, a breakout in the commodity complex, and the "crisis mode" in global bond markets as converging forces. Arguing that old trading metrics are now obsolete, he projects silver could rocket to $300-$500 an ounce by summer, stating, "Old notions of overbought are incorrect... this is a rebirth to a new reality."
Disclaimer: The information provided in this video is for educational purposes only and should not be construed as financial advice. Gold and silver prices are influenced by many factors and may fluctuate. All assets carry some risk and past performance does not guarantee future results. The views expressed by our hosts or guests do not always reflect the views of ITM Trading nor guarantee a specific outcome. Always conduct your own research and consult a financial advisor before making any investment decisions.