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November 7, 2020 | This Week in Money

This Week in Money

This Week in Money presents leading financial news and market commentary from interesting, informative and profound guests. They are some of the financial world's most colorful and controversial thinkers, discussing the markets, economies and more! Hosted by radio veteran - Jim Goddard. New shows air Saturdays on Internet Radio. Archived online at TalkDigitalNetwork.com/HoweStreet.com

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This Week in Money Archives November 7th, 2020

Posted In: This Week in Money

2 Comments

  • Avatar Jim Peever says:

    I am surprised that you would interview a convicted felon like Martin Armstrong. Once someone has been convicted of stealing investor money they lose all credibility with me.

  • Avatar Mike says:

    Thanks Jim. Last week’s “This Week in Money” provided a powerful “macro” view of what’s going on. I have two questions for Bob Hoye. Bob, many of us have been waiting for that big second wave down in the markets that just isn’t happening, The Elliot Wave people say that the S&P has another big wave up to over 4000 – or even 6000 in 2021. However, historical technical patterns suggest that maybe we are near the top and that we have a couple of waves down from here with the market possibly bottoming in 2022 with average P/E’s below 10. Bob, is it “down from here” or is the Elliot Wave “euphoria” justified? Also: I am wondering if it is better to take a “trader’s approach” to the gold miners as opposed to a long -erm hold – at least until we have a definite bottom in the equity markets. I understand that we are approaching a seasonal low for the gold miners in a few weeks and that’s the time to re-add positions. However, I can see a situation where one should “lighten-up” again sometime in 2021 assuming continued downside in the equity markets. Bob, over the “intermediate” term, possibly into late 2021 or early 2022, should we take more of a “trader’s approach” to the gold miners?

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