Bob Hoye is a trained geologist, successful resource investor and economic historian. In this interview, Bob shares his research regarding why the gold price is deeply oversold relative to commodities as measured by the CRB index. Gold/CRB has registered downside capitulations and suggests a trend change. This change, Bob says, may occur within the next weeks or few months and could result in the multi-year gold bull market he has been teaching about for years. Bob has always said the gold bull market occurs after a deflationary crash in stocks/bonds which he sees as occurring right now.
Bob Hoye’s website: https://chartsandmarkets.com/
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8 Comments
So… could gold continue down if other commodities also fall? Bottoming as a relationship with other classes of commodities may not, in other words, mean it’s time to buy…
Other commodities Luke copper are starting to crash.
Bob played with my brain the first ten minutes as I could not safely follow the timeline. These old knights are full of knowledge, but I will never buy a western stock again nor any stock in the west after the freeze of my ru ones. One needs trust in the system and that is over. I hope Russia will allow us one day a Russian account to feel safe in stocks again.
LOLLL LMMFAO SO MUCH BULLLLLLSHITTTTT ITS HILARIOUS
Commodities overbought compared to gold ?
gold is shite , it does nothing ,
Selling gold you don't have is a crime.
The gold miners need to sue the paper gold and silver market for jacking with their livelihood spoofing the gold and silver prices.