GSR interviews BOB HOYE – June 17, 2019 Nugget

Highlights

– Bob Hoye, Editor & Chief Investment Strategist of Bob Hoye.com rejoins the show with must-hear commentary.
– His team embraces proprietary technical indicators seeking exhaustion points in market peaks / valleys.
– The duo expect the FOMC to begin a rate lowering cycle as soon as September, 3 months earlier than previously forecasted.
– The impetus for the date change involves slowing economic conditions in our key trading partner economies.
– His work shows that T-Bill rates climb during booms and decline during economic contractions.
– Fed policymakers essentially form rate policy decisions by following the T-Bill rate.
– As T-Bill rates decline he asserts that policymakers assume that a new economic contraction is imminent.
– Chris Waltzek notes that the T-Bill rate is the summation of investor opinions.
– So the directional shift could also be due to anticipation of a Fed rate policy change given the current Fed-speak rhetoric.
– The NASDAQ is only approaching the year 2000 peak price on a real inflation adjusted basis.
– Gold and silver are higher by approximately 300% a 4-5x on a real basis and a remarkable store of value in comparison.
– Both agree, every investment portfolio could benefit from exposure to a position in gold shares and related XAU / HUI companies in anticipation of an epic gold stock market rally in the coming months and years.

The post GSR interviews BOB HOYE – June 17, 2019 Nugget appeared first on Gold Review.

See original here:
GSR interviews BOB HOYE – June 17, 2019 Nugget