Is the recent 7% drop in silver a warning sign, or the final shakeout before a massive repricing? Kitco News Senior Anchor Jeremy Szafron sits down with Michael Oliver, founder of Momentum Structural Analysis, to break down why his $300 to $500 silver target remains intact despite hot U.S. jobs data and a shift in Fed rate expectations. Oliver unpacks his long-term momentum charts, detailing how silver was “caught in a box” for 50 years and why it is now poised to enter a new price reality. He also warns of a brewing government bond crisis, a potential landmine for the S&P 500 below the 7,000 level, and why silver miners are positioned to outrun the metal itself.
Recorded June 5 2026
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Chapters:
00:00 Silver Selloff Sets the Stage
01:03 Jobs Report Sparks the Drop
01:49 Why the Fed is Irrelevant to Metals
03:58 Momentum Signals Over Price
05:22 Six Months of Market Shakeouts
07:55 Breakout Triggers and Key Levels
10:45 Was Silver Mispriced for 50 Years?
15:04 The $500 Silver Target
18:11 Bond Crisis and Debt Monetization
24:35 Gold vs. Silver: The Beta Play
27:05 Investor Timing and Entry Points
28:41 The S&P 500 Top Setup
29:59 Breakout Then Breakdown
32:35 S&P 500 Landmine Below 7,000
34:57 Credit Cracks are Showing
38:16 The Rotation Into Gold
39:13 Paper vs. Physical Silver Markets
41:38 Why Conventional Wall Street Models Miss
43:13 Silver’s “Tantrum” Signals
45:34 Miners’ Breakout Trigger
49:56 The Exit Strategy and New Reality
54:00 Closing Thoughts
#Silver #Gold #KitcoNews #Investing #StockMarket #Macro #MichaelOliver
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The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
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43 Comments
Michael Oliver is holding firm on his $300 to $500 silver target, arguing the metal is about to snap out of a 50-year box and enter a "new reality."
Do you agree with his timeline, or are you treating today's selloff as a warning sign? Let us know your strategy below!
Silver will not be aloud to hit 500 the paper market with smash the price if silver starts to run
Rates keep the lid on.
Spectres are incredible. Love your vids, keep stacking
High gas prices high groceries prices. No stimulus trump such failure
Trump gives higher prices biden gave us stimulus
And? Still 500 now?
Michael Oliver with his outrageous lies about silver exploding, this has been going on for years, and you people fall for his BS.
If $56 per oz signal was Michael's last "buy signal," wouldn't $58 per oz currently be a continuation – the same signal – and a good place to buy?🤔
Desantis blew it..this Bill wont happen 1311 is dead. Very disappointed with him and Florida
Mr. Oliver stated 'end of summer' when he first mentioned these numbers. Considering the summer is not 'ending' quite yet I dont know why folks get all bent out of shape.
Agreed with guest trained reasoning
Agreed with guest trained reasoning
Agreed with guest trained reasoning
So we're going to 5x after our 50% haircut are we? More hopium and cope than I delt with for 15 years in crypto 💀
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WITH OUT THE BELIEF IN THE BLOOD OF JESUS you are lost to GOD BELIEVE THIS)
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Michael Oliver is the biggest fool. Why does Kitco give him the time to embarrass himself. Really sad.
Michael Oliver is this just normal market activity, ie market demand driven price discovery, or is it something else? Have the banks covered their shorts?
You are crazy ..stop slinging the shit.
It's not up and down. It's down.
It will NEVER catch up to the money supply!
1 month later. Gold and silver are down.
These clowns calling for $500 silver, more like $50… if we see an economic downturn, $30/oz back on the table
Where Michael Oliver? No where to be found!😂 This why you keep your mouth shut and don't make predictions
Does Mike sell it? Because it didn’t happen as he says it’s 7/13/26
I disagree, with Micheal, silver will be the most important metal on our planet, demand up, supply down. The new term,
$$UNOBTAINIUM$$.🤑
I think Michael Oliver is going to be eating some humble pie 🥧.
谢谢
Only fools or Government would publicly tell how much stock they have or have not
borring ,wrong borring
Great analysis and discussion!!!
If you believe that then tell us how many millions you've investing in it
43:58 this aged like sewer water
So much for his self imposed hiatus. Same old same old
NOISE
Mike stop it
June 2nd the S&P reached $7609, above $7000.
Oliver is stuck on stupid
Silver will never get to 500
Watching this with silver at $56.00. Another missed target.
Another lying cheating, bigger politician, as they all are
This aged like milk!!
He gone