Bob Hoye: The Fed Reserve May Require Reformation

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.

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Perimetr

Reformation? Brings to mind what Mark Twain said about Huckleberry Finn’s father, that he could be reformed with a 12-gauge shotgun.