Video News/In Focus with Jeremy Szafron

Michael Oliver, Founder and Chief Analyst at Momentum Structural Analysis, says silver’s recent selloff has not changed his long-term momentum outlook for the metal. Speaking with Kitco News Senior Anchor Jeremy Szafron, Oliver said his $300 to $500 silver target remains intact despite a sharp pullback, stronger U.S. jobs data, and changing expectations for Federal Reserve policy. Oliver argued that silver spent decades “caught in a box” and is now entering a new price structure driven by long-term momentum signals rather than short-term price swings. He warned that shorts had “better cover” if the breakout continues and said silver miners could outperform the metal as the move develops. Oliver also discussed risks in government bonds, signs of credit stress, and potential downside risk for the S&P 500 if key technical levels fail.