Friday, August 12, 2016

James Turk, Ralph Acampora, Peter Grandich & Bob Hoye

Aug. 12, 2016
Featured Guests
James Turk, Ralph Acampora, Peter Grandich & Bob Hoye
encore show

Please Listen Here:

  • Chris welcomes back Bob Hoye, senior investment strategist at Institutional Advisors.
    His new peak momentum indicator tends to identify market zeniths and subsequent new bear markets.
  • It currently suggests gold and silver correction could soon pass, clearing the path for a new primary bull market.
  • His work on the silver market ranging from the 1500’s to today indicates that the current divergence in silver relative to gold could portend a financial crisis.
  • Bob Hoye is convinced that restoring confidence in the global currency system due to profligate policymaker decisions will require a global gold standard.
  • Canada officially has sold 100% of its gold reserve stockpile, near the bottom of a multi-year bear market.
  • Homes are overpriced in many towns, especially McMansions.
  • Junk bonds and many stocks are entering bear market.
  • Gold stocks are positioned to benefit from the financial volatility.
  • Chris welcomes James Turk of - he's watching the gold / silver ratio closely.
  • The current reading near 80:1 may represent a significant relative value for silver, especially given the naturally occurring, geological 10:1 ratio.
  • Were silver to merely return to the traditional level, the price would leap to three digits, even if the price of gold remained static.
  • Just five years ago, the gold / silver ratio approached 30:1 - a similar figure would put the silver price 2.5X's higher, approximately $35 per ounce.
  • Due in large part to negative lending by global central banks, the cost of storing gold is negligible, relative to the cost of negative savings rates.
  • Investors are understandably more concerned by the return of their funds than by the return on their funds (Will Rogers).
  • James Turk's inflation forecast suggests that millions of PMs investors will benefit from the outcome.
  • Peter Grandich of Peter Grandich and Company rejoins the show with positive comments on the PMs and crude oil, markets.
  • Our guest expects gold to reach $1,400-$1,500 in 2016.
  • Contrarian investors may continue to benefit from nearly universal bearishness - investors are gun-shy, presenting buying opportunities.
  • Trouble in the US hedge fund industry could put downward pressure on the stock indexes.
  • The remarkable share recovery since 2009 is a direct result of hedge fund related buying and dovish Fed policies.
  • Officials may be boxed into a corner, forced to implement QE 4 or an alternative machination to hold together the shaky, economic house-of-cards.
  • Leading Wall Street technician, Ralph Acampora of Altaira Wealth Management returns to the show with an overview of key support levels in the markets.
  • Ralph Acampora agrees with several recent guests that gold and silver have seen their lows - selloffs present buying opportunities.
  • The yearlong trading range in US equities includes wide swings of 2,000 points in the Dow Jones Industrials.
  • The Eurozone is grappling with Grexit issues, which is stifling economic growth.
  • Our guest assures listeners that both domestic and EU equities markets will likely rebound from current levels.
  • US stocks could reach new zeniths this year.
  • The technical position of crude oil continues to improve.
  • A strongly bullish head and shoulders pattern formation suggests much higher prices for the energy sector in 2016.

Show Host
Chris Waltzek