Goldseek, Released on 5/9/23 (Recorded on 5/3/23)
Market historian and author, Mr. Bob Hoye (chartsandmarkets.com) comments on last week’s FOMC rate hike (.25bps) and outlines an enticing case to accumulate mining shares!
5.20 – Markets are rebounding, including commodities; however, by summer Bob expects a reaction.
9.45 – Gold and precious metals stocks offer unique dividend yield benefits in tandem with explosive upside potential.
15.02 – Junk bond rates and T-bill rates could decline.
16.00 – Treasury Bonds, LT could continue higher.
16.45 – The Fed Reserve may require reformation.
17.00 – The panacea may involve the return of a gold standard.
19.45 – Junior precious metals mining shares appear solid.
21.45 – International junior precious metals stocks could offer extraordinary capital gains.
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.
Reformation? Brings to mind what Mark Twain said about Huckleberry Finn’s father, that he could be reformed with a 12-gauge shotgun.