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July 28, 2023 | Can Bitcoin’s “Whales” Take Over Financial Markets?

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.

Is the biggest fear of Central Bankers a Gold backed currency?

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Archives July 28th, 2023

Posted In: Radio

One Comment

  • Michael says:

    Hi Bob and Jim. It feels like the markets are topping out and the short squeezes are over. The fear/greed index has been recently in “extreme greed” and just turned back down to simple “greed” this week. Bob, you have often said that, like in ancient Rome, trouble starts in the provinces and slowly makes it’s way back to Rome. And today it starts in emerging markets, then the EU, China and Japan, and finally progresses back to New York via the lesser US indices and finally to the Nasdaq and S&P. Bob, supposing one decides to venture into short positions, would it be a reasonable strategy to start by shorting, via reverse ETFs, emerging markets (EUM), then the Russell (RWM), then the Dow (DOG) and finally short the S&P (SH) and lastly double short the Nasdaq (QID)? I would also think that one should stay away from the precious metals, miners and commodities until after the next one or two waves down in the equities markets. Bob, a last question. When will the margin clerks ride into town and will they arrive before or after the bond vigilantes?

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