GOLDSEEK RADIO

Chris Blasi, Bob Hoye, Chris Waltzek Ph.D. & Robert Ian - Aug. 24th, 2018 - Goldseek.com Radio ©2005-2018. A Spina-Waltzek Production-©2005-2018 http://radio.goldseek.com/ Royalty free music from Goo

08.24.2018 - By CHRIS WALTZEKPlay

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Aug. 24th, 2018(S13-E658)Featured GuestsChris Blasi & Bob HoyePlease Listen Here Show HighlightsChris Blasi, President of Neptune Global LLC outlines his gold and Bitcoin market outlook for 2018. Precious metals investors could be rewarded this Autumn.By this September an uncertain domestic political landscape could put the US dollar under pressure to the benefit of safe haven assets. The bullish narrative for platinum and palladium is just as compelling, given supply constraints, leading to delayed delivery of physical metal in many cases. Neptune Global suggests that investors include the full spectrum of precious metals, including platinum, palladium, silver and gold. Regarding the cryptocurrency / blockchain phenomenon, our guest / host concur that the cryptocurrency markets must not be confused with the blockchain.Just as Pets.com collapsed while the internet thrived, so too will the blockchain grow into a viable / ubiquitous backbone, completing an Internet 2.0. The excess of the 20x Bitcoin rally of 2017 could continue to unwind in similar fashion as the year 2000 dot.com peak in US equities. Given that the crypto-sector is still in the early adopter, nascent stage, the lack of track-record and volatility decreases the accuracy of forecasting methods. Crypto adherents should take heart that the encryption theme will continue to usher in a decentralized, transparent revolution, central to success in the modern business environment of the next decade.Bob Hoye of Institutional Advisors makes the case for gold rally following the sharp dollar selloff in the wake of the anti-rate-hike comments. Safe haven assets posted gains following comments from Washington on the negative impact on US exports due in part to the Fed rate hike cycle.The host notes that the strong dollar improves the relative appeal of dividend paying US equities, via quarterly payouts in the reserve currency. Financial history is replete with instances climbing interest rates during an economic boom period. Fed policymakers will likely follow rates higher, increasing the overnight lending rate until the trend halts, followed by a rate cutting cycle.US equities remain the decade long, market du jour, despite extremely overextended valuations.The current S&P P/E = 23.80 is well beyond the traditional P/E = 15. Until US shares indexes top out (75% of US shares closing day price behavior mirrors the S&P 500 index) the bear trap will continue. Key market insiders like Tom Lee and Mike Novagratz agree while Bitcoin and related tokens could fall markedly in price from current levels.The potential value appreciation could eclipse even the most bullish of forecasts. Lee goes-all-in, over the top pushing all the chips into the pot with his BTC prediction of $10 million due to purchases by Millennials.Voracious institutional buying of cryptos over the next decade is anticipated as Wall Street seeks low beta / high alpha in the grassroots, mainstreet revolution.The host advocates using the current weakness in cryptos as an opportunity to add a modicum of crypto assets, 1%-5% to a core gold position in every investment portfolio.Please Listen Here Dial-Up Real AudioMP3Mp3 FAST DownloadMp3 High Quality DownloadRight click above & "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ.

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