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.
Bob Hoye: The Fed Reserve May Require Reformation added by Herman James on 05/09/2023View all posts by Herman James ?+'