Michael Oliver returns as a guest on this week's radio program.
Generals commonly fight a war, only to find out that as times change, applying past strategies results in disaster. In the U.S. financial, "generals" at the Fed and Treasury focus policy on avoiding the deflationary depression of the 1930s.
Michael will share his insights into the direction of gold and other key markets, and Jay talks about some gold miners and why they have value.
Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, NYC. He studied under David Johnson, head of Hutton's Commodity Division and chairman of the COMEX. In the 1980s, Oliver began to develop his own momentum-based method of technical analysis. In 1987, Oliver, along with his futures client accounts (Oliver had trading POA), technically anticipated and captured the Crash. He began to realize that his emergent momentum-structural-based tools should be further developed into a full analytic methodology. In 1992, he was asked by the Financial VP and head of Wachovia Bank's Trust Department, to provide soft dollar research to Wachovia. Within a year, Oliver shifted from brokerage to full-time technical research. MSA has provided its proprietary technical research services to financial and asset management clients continually since 1992. Oliver is the author of The New Libertarianism: Anarcho-Capitalism.