Coffee and a Mike Michael Oliver #1114
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Apr 12, 2025 Michael Oliver, founder of Momentum Structural Analysis, shares his extensive financial insights gained since 1975. He dives into the weakness of banks, commercial real estate troubles, and the potential for a new financial crisis. Oliver discusses the role of gold and silver as safe havens amidst fiat currency instability, while contrasting China’s capitalist evolution with its communist roots. He even touches on revolutionary ideas like abolishing the Federal Reserve and reviving a gold standard, ensuring listeners grasp these compelling economic narratives.
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Abolishing the Fed
- The Federal Reserve's control over money, a fundamental commodity, is irrational and harmful.
- The current crisis may lead to the abolishment of the Fed and a move toward non-fiat currencies.
Prepare for Pain
- Prepare for significant personal pain from this crisis, potentially three times worse than 2008.
- Protect yourself by investing in gold, which has been in a bull trend since 2016.
Silver's Potential
- Silver is historically undervalued compared to gold.
- Its price could increase substantially, potentially reaching a couple of hundred dollars per ounce, as it returns to a more normal ratio.
