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June 18, 2021 | Commodities Take a Serious Hit

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.

US IPO’s signing on at a record pace

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Archives June 18th, 2021

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2 Comments

  • cecil says:

    Hi Bob:

    How do you interpret this past weeks sudden gold action and decline in light of your view on gold in both the short and longer term.

    You predict the price of gold will rise in a post bubble contraction— is that regardless of whether interest rates are rising or falling?? Or is it really about the real interest rates relative to inflation– which are less easily measured in this era of distorted inflation metrics?

    Thanks

  • Michael says:

    Hi Jim and Bob. Many financial experts are saying that there is too much liquidity chasing too few assets; they point to the Fed’s “Reverse Repo Operations” as being intended to soak up excess liquidity. But the financial experts also maintain that the Fed will continue to operate their high speed printers so as to flush money into the financial system to boost asset prices. This all seems schizophrenic to me. Bob, what is really going on here?

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