Michael Oliver: Take Note – Silver’s Secret Rally Imminent

by | Apr 16, 2023 | Silver IRA

Michael Oliver: Take Note – Silver’s Secret Rally Imminent




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Recently, Michael Oliver, a respected technical analyst in the precious metals market, has issued a warning to investors. He believes that silver will secretly rally when a certain condition is met, and that condition is imminent. In his opinion, investors who do not act fast could miss out on significant gains.

The specific condition that Oliver is referring to is a breakout in the gold/silver ratio. This ratio represents the price of gold divided by the price of silver, and it is used as a measure of the relative strength of each metal. Historically, this ratio has tended to be around 16:1, meaning that it takes 16 ounces of silver to buy one ounce of gold. However, in recent years, this ratio has skyrocketed to as high as 125:1, indicating that silver is quite undervalued relative to gold.

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Oliver believes that a breakout in the gold/silver ratio, meaning that it falls below a certain key level, will trigger a massive rally in silver. This is because investors will realize that silver is undervalued and will rush to buy it. This increased demand will drive up the price of silver, potentially by a significant amount.

What is the key level that Oliver is watching? He has identified it as around 83:1. If the gold/silver ratio falls below this level, he believes that this will be the trigger for the silver rally. This is because it would indicate that silver is finally starting to gain strength relative to gold.

Oliver is not the only one who sees potential in the silver market. Many analysts believe that silver is currently undervalued and has significant upside potential. This is due to a number of factors, including increasing demand from industries such as electronics and solar power, a potential weakening of the US dollar, and the ongoing global uncertainty caused by the COVID-19 pandemic.

Overall, it seems that silver may be poised for a rally in the near future. However, investors should be aware that any market is subject to volatility and the future cannot be predicted with certainty. Those considering investing in silver should do their own research, consult with a financial advisor, and carefully consider their own risk tolerance and investment goals.

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