The gold-versus-S&P spread chart (gold front-month divided into the S&P, ~61.8% as of last Friday) is breaking out above an 11-year base top defined by four pivotal highs at a ~60-65% resistance line, signaling a massive shift in asset performance and money flow into monetary metals and out of the S&P that is just beginning, not ending.

forecastpending

Speaker

Michael Oliver

Evidence Quote

This breakout signals that the arm wrestling match that we've seen for the last decade up and down... is saying I've just broken out. This is something starting not ending.

Source

Worst Bear Market Of Our Lifetime To Start In 2026? | Michael OliverAdam Taggart | Thoughtful Money®
Created: 6/18/2026, 1:59:24 PM

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