Can Gold Shares Rebound in 2019?

Dan Oliver, Michael Oliver and Dr. Quinton Hennigh return on the radio program this week.

2018 was a miserable year for gold shares.  Silver shares fared even worse. From his structure and momentum perspective Michael’s work suggests a shift downward for stocks and bonds and a dramatic rise for precious metals’ stocks in 2019.  Private hedge fund manager Dan Oliver who views the markets from a fundamental perspective shares his views for the gold share markets in 2019. 

One of the most unusual and challenging gold deposits ever discovered is Novo’s Karratha discovery in Western Australia. The deposit, which Dr. Hennigh believes originated in similar manner to the great Witwatersrand gold deposits of South Africa, is characterized by an extreme nugget condition that renders usual exploration and development techniques worthless. Dr. Hennigh explains how he plans to overcome extreme challenges in quest of what he believes can be an exceptionally large and profitable gold mining operation.

Audio
You Tube

Dan Oliver is the Director of Committee for Monetary Research and Education, a non-profit educational organization that seeks to promote greater public understanding of the nature of monetary processes and of the central role that a healthy monetary system plays in the well-being, indeed, in the very survival of a free society.  He is also the founder and Managing Director of Myrmikan Capital, LLC.  Dan was previously a Partner at Bearing Capital LLC, an asset management firm specializing in Latin American energy, commodity and infrastructure projects.Mr. Oliver has a MBA from INSEAD (2004-2005), a JD, Law from Columbia University of Law (1998-2001) and a BA, Philosophy, English from Vanderbilt University (1992-1996).

Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, NYC. He studied under David Johnson, head of Hutton’s Commodity Division and Chairman of the COMEX.

In the 1980’s Oliver began to develop his own momentum-based method of technical analysis. In 1987 Oliver, along with his futures client accounts (Oliver had trading POA) technically anticipated and captured the Crash. Oliver began to realize that his emergent momentum-structural-based tools should be further developed into a full analytic methodology.

In 1992 he was asked by the Financial VP and head of Wachovia Bank’s Trust Department to provide soft dollar research to Wachovia. Within a year Oliver shifted from brokerage to full-time technical research. MSA has provided its proprietary technical research services to financial and asset management clients continually since 1992. Oliver is the author of The New Libertarianism: Anarcho-Capitalism.

Dr. Quinton Hennigh, Chairman and President of Novo Resources Corp., is an economic geologist with more than 20 years of exploration experience with major gold mining firms including Homestake Mining, Newcrest Mining and Newmont Mining. Dr. Hennigh was the former director and Chief Geologist of Evolving Gold Corp. where he helped assemble a world class portfolio of gold projects and led successful explorations resulting in three significant discoveries including the Rattlesnake Hills deposit, Wyoming. Currently, Dr. Hennigh is a director and Technical Advisor to Gold Canyon Resources., where he helped refocus exploration at the company’s Springpole Gold Project in Red Lake, Ontario. Dr. Hennigh is also currently the Chief Geologist of EurOmax Resources, the Technical Advisor and a director to Prosperity Goldfields Corp. and a director to NV Gold Corp. Dr. Hennigh obtained a Ph.D. in Geology/Geochemistry from the Colorado School of Mines.