June 16, 2023 | Stock Markets Showing Technical Excesses
Bob Hoye has been in investment business for some 50 years, making him one of the more experienced researchers. His historical work has been thorough providing the first recognition of the fascinating transition from speculation in commodities to speculation in financial assets. It was controversial when Bob observed that “No matter how much the Fed prints, stocks will outperform commodities”. In January 2000, the research team concluded that the Dot-Com Bubble would peak in March 2000. In early 2007, the team outlined that the credit markets would reverse in May-June 2007. They did and the stock market followed. The latest was the call in early October for the Bitcoin Bubble to complete in December. Bob’s essays and speeches on political change and on actual climate change have been widely circulated.
Brace yourself for higher chocolate prices
Listen to Podcast:
STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.
Bob Hoye Archives June 16th, 2023
Posted In: HoweStreet.com Radio
Could you please ask Bob Hoye, if it is time to buy some of the mid cap gold stocks or wait it out as your partner ( Ross Clarke )suggested into later July time frame. ? Any levels on HUI to look for ?
Thank you
Hi Bob and Jim. Here is a headline from Marketwatch: “Turkish Lira Plummets To New All Time Low After Erdogan’s Central Bank Chickens Out On Bazooka Rate Hike”. Fed Powell has also put away his “rate-hike bazooka” for now but may “reload” once the dust clears from the demolition of the middle class. But Canada, Switzerland and the ECB are still firing their “rate-hike” bazookas. Bob, what has become of the old-fashioned currency wars where central banks instead fired “rate-cutting” bazookas at each other and not directly at the public? Bob, can we survive without central bank “monetary bazookas” and will such financial weapons ever be outlawed in the future?