Michael Oliver on a 13-Year Breakout in Gold & Silver Miners

Recorded on September 2, 2026 at NRS Studios Michael Oliver, founder and chief analyst of Momentum Structural Analysis, LLC, joins Natural Resource Stocks host Andy Millette for a technical discussion on gold, silver, mining equities, stocks, bonds, oil, and the broader commodity complex. Oliver explains why he believes relative performance is revealing an important change beneath headline price charts. He focuses on silver versus gold and on the PHLX Gold/Silver Sector Index, XAU, versus gold after a long relative-performance base. His central thesis is that silver and mining equities are beginning to show leadership, with silver miners his personal preference within…