GoldSeek Radio: Bob Hoye and David Morgan, and Chris Waltzek

Part II of the discussion with the head of The Morgan Report includes an update on gold. The PMs sector remains at bargain levels, a relative value to virtually every competing asset class and core of every solid investment portfolio. Gold aficionados may be enjoy a sea-change in market sentiment in the New Year, emerging victorious as the investing champions of 2019.Our guest recently added a new investment newsletter, Energy Stock Profits with options strategies and long-term portfolio plans. The discussion offers words of encouragement to the hundreds of millions of struggling working and middle-class listeners. The power of positive thinking cannot be overstated according to our guest, it is essential to maintain perspective on how fortunate we are.Toxic global debt must be addressed in a cogent, proactive fashion via strong leadership in the US and China. Additional concerns on the horizon: a US government shutdown of 25% of services and the threat of cyber warfare as US public utilities, corporations and even the Pentagon remain vulnerable to external digital-threats, such as zero-day attacks and related hacks. Bob Hoye of Institutional Advisors, and the host discuss the worst US stock market plunge in over 100 years, the "Mnuchin Massacre."The Dow Jones Industrials plunged 1600 points last week, falling 650 further on Monday, recording the worst monthly decline its 122 year history. The equities decline could foment a nascent PMs bull market with the potential to launch gold shares into orbit.However, on Wednesday another record was set, the largest daily point-advance in history, as bulls pushed the benchmark index 1,000 points higher.Investors were reassured that rumors of Jerome Powell's demise had been greatly exaggerated, he will remain the Fed Chairman until retirement.Last Friday in the Market Weather Report, it was announced the US Fed appeared to have finished the rate hike cycle 6 months ahead of schedule.According to the CME's FFF contracts, the probability of a rate hike in 2019 is low for all FOMC meetings. Investors interpreted the news as a sign the domestic economy is not as robust as forecasts suggest. The Fed could likely return to a more dovish stance, reversing from quant. tightening to quant. easing to the benefit of the precious metals markets. After correctly remaining bearish for years, Bob Hoye expects a new PMs bull market in mining shares.Our guest encourages subscribers to consider accumulation of gold shares during price-reactions.