Gold Stocks Bottoming, Uranium Looks Like NVDA, Lithium Won't Explode | Michael Oliver MSA Interview
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 Published On Mar 5, 2024

Michael Oliver talks about gold stocks, uranium stocks, and even lithium stocks.

Michael had one simple message: be heavy on gold. Mr. Oliver's momentum analysis shows that once the stock market falls, the next domino to follow will be gold. After gold, he thinks silver will follow with a vengeance, right before the mining stocks do.

When asked about gold stocks, and specifically the miners, Michael said that both Newmont & Barrick look like the most oversold they have been in a very long time.

Michael Oliver also talked to me about uranium in this interview, saying that "if you're buying uranium right now, you're doing an NVDA-type buy". When I asked him what he makes of the fundamentals behind the uranium shortage and nuclear energy, Michael told me he simply looks at the momentum analysis and doesn't concern himself with the narrative too much.

We also touched upon lithium, and natural gas toward the end. Michael thinks both of them are oversold and are due a correction to the upside. However, he doesn't think that lithium stocks will go back to their previous highs anytime soon.

Timestamps
00:00 recap
01:05 why is gold not $8,000 yet?
05:55 when will gold break out?
10:13 why isn't silver following gold?
17:50 when will the gold stocks finally move?
21:05 is the dollar part of it all?
23:50 are Newmont & Barrick done for?
30:45 what does all of this mean for the juniors?
32:55 is crypto eating gold's lunch?
45:00 will bitcoiners flip to gold soon?
50:33 why are lithium stocks still falling?
52:25 does uranium still have legs?
01:01:25 why is natural gas still falling?
01:06:25 what happens over the next 6 months?

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