Goldseek, Released on 11/26/23
Bob Hoye, Market historian and author, founder of (www.chartsandmarkets.com) offers Market commentary on the recent increase in market volatility from his home office in Vancouver, B.C.
– Our guest is observing heightened financial market risks.
– Fed could soon lower rates – T-bill rates may have peaked and could head lower.
– Gold performs consistently throughout financial market bubbles.
– Gold’s real-price tends to move up following market bubbles, a good sign.
– Expect gold to outperform on a relative basis.
– A multi-year bull market in the XAU and GDXJ could outperform the S&P.
– Bob views the current global economy as a “Post-bubble contraction.”
Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com. He also publishes articles at PivotalAdvice.com.