Gold to $9,000 and Silver to $500? Michael Oliver Reveals What His Charts Are Signalling | Sprott Money

Michael Oliver joins Craig Hemke for Sprott Money to examine the dramatic setup developing in gold, silver, mining stocks, bonds, and the financial sector as the fourth quarter approaches.

After a volatile correction in the silver and gold prices, Michael explains why his momentum structural analysis suggests the precious metals bull market may be far from over, why gold and silver miners are beginning to outperform bullion, why major money managers could be moving toward mining stocks, and why the recent pullback may be nearing exhaustion. Michael also compares today’s silver price action with the 2008 correction, after which silver dramatically outperformed gold, and explains how historical price structures could point toward gold approaching $8,000–$9,000 and a potential long-term silver target around $500.