Michael Oliver & Vince Lanci: Part One – We Have Entered A Precious Metals Acceleration Phase

In this Palisades podcast episode, Tom welcomes back Michael Oliver from Momentum Structural Analysis and Vince Lanci, publisher of the Goldfix Substack. The discussion covers various markets - metals, equity indexes, commodities - and in part two, the upcoming election. Michael Oliver initiates the conversation by analyzing the NASDAQ's remarkable growth since the 2009 Bear Low and its significance as a leading index due to its substantial percentage gain. He attributes this influx of funds to the M2 chart or Fed funds rate chart, directing investment into the stock market at that time. Michael then pivots towards the current market situation, sharing his view on momentum analysis and the election's potential impact, emphasizing the importance of examining trends beyond just price. He points to a major sell signal in January 2022, causing a steep decline followed by recovery. Vince Lanci contributes by addressing the narrowing breadth in the stock market. He stresses that leadership changes are vital for overall market health and believes there's currently no breadth, limiting options if AI leadership falters. Vince explains how the stock indexes have shrunk from a broader group to key players. The discussion also touches on copper and natural gas commodities before focusing on precious metals. Michael highlights the deceptive nature of the acceleration phase in a bull market and the significance of understanding trends and structures rather than relying solely on popular indicators like RSI or MACD. They further delve into investment strategies based on silver market analysis and historical trends, sharing personal experiences and anticipating precious metals market movements due to geopolitical tensions and central banks' actions. Vince also brings a geopolitical perspective, focusing on central banks and sovereign wealth funds buying silver as an international trade collateral store of value. They explore the potential for a new Bretton Woods and gold's ability to anticipate economic trends. Vince expects significant precious metals market movements due to the anticipated end of fiat currency and gold's role in predicting economic shifts, with concern about commercial real estate and stock markets potentially being affected by central banks' involvement. Time Stamp References:0:00 - Introduction1:02 - Nasdaq & Momentum4:58 - Nvidia & Stock Markets?10:38 - Copper Importance12:53 - Natural Gas Chart18:44 - Past Silver Bull Mkts.24:30 - Momentum & Timeframes26:38 - Maintaining Perspective34:09 - Silver Spread Vs. Gold37:40 - C.B. Gold Buying & BRICS43:43 - Gold & The End of Fiat Talking Points From This Episode * Michael Oliver discusses the NASDAQ's growth, attributing it to funds shift post-financial crisis, emphasizing importance of understanding market trends beyond just price. * Vince Lanci highlights narrowing stock market breadth and stresses leadership changes are crucial for overall health and potential risks if it falters. * They explore investment strategies in precious metals, discussing historical trends, geopolitical tensions, and central banks' role. Vince Lanci - Guest LinksSpecial Discount: https://vblgoldfix.substack.com/TomPalisadesWebsite: https://vblgoldfix.substack.com/Twitter: https://twitter.com/SorenthekZeroHedge: https://tinyurl.com/3x72ndfcLinkedIn: https://www.linkedin.com/in/vincentlanci/Boobs & Bullion: