Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) returns with market commentary. Our guest expects fireworks in the gold and silver shares market, as Fed policymakers backpedal on rate hikes. To save the domestic economy from deflationary collapse, policymakers will turn dovish and expand the balance sheet in the next round of quantitative easing. Investors have already factored in the Fed's rate hike program, which could culminate in a buy the rumor, sell the dollar scenario to the benefit of the PMs.Domestic interest rates continue to ascend due to inordinately high debt / inflation, not the economic growth claimed in reports, according to Peter Schiff. Both the host / guest concur, the net impact will create stagflation.A worst of world's 1970's style inflationary economic-slowdown is inevitable, but on a much greater scale, perhaps culminating in total global financial meltdown. Eventually the euphoria surrounding US equities rally will fade, sending the PMs rocket en route "... to the moon." Peter Schiff suggests high yielding defensive and pharmaceutical stocks, and selected for his clients. The host agrees on the importance of return of funds as well as return on funds, noting that virtually all of the Alpha Stocks Portfolio Candidates include higher than typical dividend yields.
Bob Hoye of Institutional Advisors rejoins the show with comments on the global financial bubble.
This could be the most exciting time in 400 years for investors, amid robust economic conditions in US equities as well as industrial commodities.
The blockchain revolution will transform the field of finance and economics through frictionless and virtually anonymous transactions.
Bitcoin / altcoins will satisfy the global demand for a sound, digital and liquid currency.
Bob Hoye is somewhat enheartened by a geopolitical, "popular-uprising" that is decentralizing entrenched deep-state interests.
The transition will result in the betterment of the masses, similar to the fall of the Berlin Wall in '89.
Such upheaval could come with a heavy price tag for the financial markets - he suggests 3-4 year investment grade corporate-bonds.
Gold remains the ideal ballast for every investment portfolio, to navigate the imminent unpredictable / rough economic seas.
Guest Bios
Bob Hoye
Institutional Investors
With a degree in geophysics and a number of fascinating summers in mining exploration, one winter in "the bush" quickly led Bob into the financial markets. This included experience on the trading desk and in the research department of a large investment dealer, which led to institutional stock and bond sales.
Bob's review of financial history provided the forecasting models designed to anticipate significant trend reversals in the sometimes alarming volatility typical of the transition from rampant speculation in tangible assets to fabulous speculation in financial assets.
In anticipation of the latter opportunity, a monthly publication for financial institutions was started in January 1982.
This competently covered the stock market, the yield curve, credit spreads as well as metal and energy prices.
In 1998 the Institutional Advisors website was started as a forum for unique and reliable financial research.
Peter Schiff President & Chief Global StrategistPeter is one of the few investment advisors to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts of the mortgage meltdown, credit crunch, and decoupling of commodities, precious metals, and foreign markets from the U.S. Dollar, he has become a sought-after economic commentator on a range of investment topics. Peter delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, L.A. Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting a weekly radio show. As an author, he has written four best-selling books, including his latest: " Crash Proof 2.0: How to Profit from the Economic Collapse" and "How an Economy Grows and Why It Crashes."
