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April 9, 2021 | Over Leveraged Fortunes Disappearing Instantly

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.

Are the market and real estate bubbles ready to burst?

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Archives April 9th, 2021

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One Comment

  • Avatar Michael says:

    Hi Jim and Bob. My two questions for Bob. Bitcoin, with a market cap greater than Apple, has been promoted by many as “the most liquid of assets” and has reportedly replaced gold as such. I’ve heard others say that Bitcoin is an important asset because it soaks up “excess liquidity” in the markets. But Bitcoin seems to have the most volatility of any asset class – fueled by huge margin bets. Bob, I’m confused. How can Bitcoin be such a “value” asset that “stabilizes” markets by providing “liquidity” when it has such volatility? A short second question. For the intermediate term, is this a good time to move into TLT or longer dated US Treasuries assuming the “Twilight Zone” awaits the markets in the Fall?

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