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March 13, 2020 | Can Fed Cash Stop Crash?
Bob Hoye
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.
Why low interest rates don’t stimulate the economy
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Bob Hoye Archives March 13th, 2020
Posted In: HoweStreet.com Radio
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I would really like to hear from Bob about what he thinks of MMT? Also fiscal stimulus vs monetary stimulus? I just listened to a Canadian economist explaining that fiscal stimulus is the greatest thing since sliced bread…She was talking about basically direct cash injections to the general public, something like employment insurance but with a full top up. Other measures were Gov pays some people’s mortgages also infrastructure spending etc. She said this is what government money is for and that we should not worry about the deficit and debt because of something like monetization of gov debt. Sounds like sorcery to me.
DSI is daily sentiment index I think Bob simply heard wrong regarding the Bond question since the DSI in bonds hit 98%. Not sure what the RSI went to
Two “gold bug” questions for Bob. Silver fell this week to lows not seen since 2009. Is this the “buying opportunity of a lifetime”? Also, In regard to the GDX, is there more downside? Could the January 2016 lows be tested for the gold mining sector?