Andy Schectman sits down with Michael Oliver, Founder and Chief Analyst at Momentum Structural Analysis, to discuss why he believes the stock market is nearing a major turning point, why the bond market poses a growing risk to the financial system, and why the recent selloff in gold and silver may represent a final washout rather than the end of the bull market.

Oliver explains why his momentum indicators suggest the stock market has been topping for more than a year, why he expects vulnerabilities to emerge in the months ahead, and how central banks could be forced to respond if stress in government debt markets intensifies.

He also breaks down his bullish long-term outlook for precious metals, arguing that silver remains in a major uptrend despite recent volatility.

Oliver discusses why he believes silver could be entering the next phase of its bull market and revisits his long-term target range of $300 to $500.