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May 28, 2021 | Is Bitcoin’s Fall Predicting a Stock Market Collapse?

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.

Will action on the Russell 2000 replace Dow Theory?

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Archives May 28th, 2021

Posted In: HoweStreet.com Radio

4 Comments

  • David says:

    Question for Bob:

    Do major stock market corrections really always happen in the Fall period. What are the actual numbers?

    It appears that if the fall (and occasionally March like March 2000) are the only points where markets seem to perform major corrections, I don’t have much to worry about till then.

    Why do you think this is, and does that mean it will be safe in the markets till Fall??

    Thanks

  • Chris says:

    Appreciate the great show guys:

    Bob, if you are bullish on gold over the next few years, then you must be bearish on the dollar index right??

    Gold and the dollar can’t both rise together can they?? I ask because in a major world wide stock selloff, the US dollar usually rallies as its the reserve currency.

    Do you expect that again from the dollar when we have an unwinding of the financial bubble?

    And what does that say about how gold will react with a strong US dollar in a selloff??

    Regards

  • Michael says:

    Hello Jim and Bob. Bob, assuming interest rates have hit rock bottom after a 40 year cycle of declining rates, then would this imply that we have entered a “new age of deleveraging” characterized by steadily increasing interest rates? Or have we reached a “permanent nadir” in interest rates with financial assets at a “permanently high plateau”? Bob, how would a “new age of deleveraging” look like in terms of the inflation/deflation debate and the direction of asset prices?

  • Kathleen says:

    Hi Jim & Bob. Remember Shirley Bassey singing these lyrics from that 1964 James Bond film: “Goldfinger / He’s the man / The man with the Midas touch / A spider’s touch / Such a COLD finger.” Well, speaking of “COLD fingers”, it’s looks like those Basel III regulators are now “cold fingering” gold by requiring that a bank client’s un-allocated gold has to be backed with bank assets to offer the same protection as allocated gold. Analysts say that this will make the banks reluctant to hold gold for their clients, thus suppressing the price, as well as being “tight” with their loans to gold miners – thus killing the bull market in gold. Bob, should us warmhearted gold bugs out there be worried?

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