Friday, March 17, 2017

Peter Grandich and Bob Hoye

March 17, 2017
Happy St. Patrick's Day!
Featured Guests
Peter Grandich and Bob Hoye

Show Highlights
  • Bob Hoye of Institutional Advisors rejoins the show in rare form with timely market commentary and historical perspective.
  • Although a confirmed gold bull, Bob Hoye questions the validity of the gold manipulation story, preferring instead to monitor the gold / silver ratio.
  • Currently, indicators suggest ensuing chaos in the credit market via the high yield / low grade bond market.
  • Each time over the past decade that proprietary technical indicators reached current levels, the US stock market reached a critical peak.
  • The superstar cryptocurrency Bitcoin revolution recently eclipsed the price of gold for the first time, signifying high demand for currency anonymity.
  • Given the challenges involved with investing in Bitcoins, the only Bitcoin ETF, GBTC is a convenient alternative.
  • Part of the appeal underpinning the Bitcoin phenomenon results from the ease of divisibility of units. Bitcoins are divisible down to a Satoshi, 0.00000001.
  • No matter how high the price may skyrocket, Bitcoins can be purchased at any increment for any transaction.
  • The bifurcation allows for speculation in Bitcoins in tandem with monetary usage.
  • Bob Hoye applauds cryptocurrency aficionados for moving the global economy away from centralization.
  • The breakthrough facilitates greater freedom for digital denizens forcing bureaucrats to conform to the digital revolution.
  • The recent stealth rate hike by the FOMC appears to be a trap set for unsuspecting investors.
  • The FFF contracts predicted several more months before a quarter point hike in the benchmark lending rate.
  • The discussion veers into the realm of quantum mechanics / computing, Q-bits, CERN, the large hadron collider in France / Switzerland and parallel universes.
  • According to peer-reviewed literature, each Q-bit has access to an alternative / parallel universe, allowing for an exponential increase in computing speeds.
  • While the outdated quantum computer, D-Wave, was faster than 7 billion human minds, the entire global populace.
  • Peter Grandich of Peter Grandich and Company notes, "I haven't been this bullish on gold in 20 years."
  • The duo discuss today's FOMC meeting where concerns over domestic inflation and an overheating economy lead Fed officials to raise the lending rate.
  • The quarter point rate hike sent the PMs sector sharply higher.
  • The event could signify much better times ahead for gold and silver investors as the US dollar trade may be crowded.
  • Given the Atlanta Federal Reserve's 1% GDP target, policymakers could reverse course as soon as Spring of next year.
  • When merely a fraction of the funds pouring into the US equities / Greenback / energy markets from around the globe are redirected to the PMs sector.
  • The confluence of events will catapult gold and silver investments past their 2011 zeniths.
  • Several Western US states are adding legislation that makes gold and silver legal tender, removing state capital gains taxes.
  • Although off topic, Edward Snowden recently announced an intriguing hypothesis regarding extraterrestrial communications, via encryption.

Show Host
Chris Waltzek Ph.D.
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