Michael Oliver Silver and Gold Price Predictions

Michael Oliver: Silver Might Hit $1,000, But a Debt Crisis Will Change Everything

Resource Talks · 5 Nov 2026 · Full interview

• Over the next 12 months, Oliver says gold could reach $10,000-$20,000, while warning that the forecast is unusually uncertain.
• He expects a government-debt crisis and stock-market bear market to drive money toward gold, silver and miners as bonds become less attractive.
• Oliver argues silver could reach roughly $500, and possibly $1,000, because it is undervalued against gold and other metals and may overshoot during monetary panic.
• He expects banking stress to force the Federal Reserve toward rate cuts and renewed money creation, despite rising long-term yields.
• His longer-term silver case includes a move back above $65 before a potentially rapid advance beyond previous highs; he sees silver outperforming gold.
• He favors silver-mining shares, especially the SIL ETF, over long-term Treasury bonds, which he views as a temporary countertrend rally.
• Oliver says miners are profitable and historically cheap relative to gold, and could gain two or three times their relative value during the next surge.
• He attributes the metals outlook primarily to currency debasement and capital flows, not industrial demand, which he considers a lagging indicator for silver prices.