May 27, 2016Featured GuestsGerald Celente,Bob Hoye & Listeners' Q&A Please Listen Here: Summary The latest Listener's Q&A segment includes a bevy of eclectic individuals, including, Mark from northern Idaho.Mark is unnerved by his tax bill to Uncle Sam after selling stocks and is curious if he’ll face similar issues with his gold investments. The host suggests buying and holding bullion as the ideal portfolio anchor to secure wealth from drifting out to sea. Tax implications on PMs insurance are minimal when compared to monthly premiums on auto or home insurance; tax issues are less relevant.A very enthusiastic Goldseek Radio listener applauds the show for having the guest, The Forecaster, Martin Armstrong on the show. Long time listener and regular caller, George is increasingly concerned by Keynesian and Monetarist policies. The host finds parallels with current policymakers and the myth of King Canute, who was purportedly confounded by his own hubris. Economic policymakers cannot command the economic tides in the long-term, contrarily only when used for emergencies as first proposed.The economic emergency unfolding in Venezuela may represent an ideal petri dish for the US; a loaf of bread is nearly 10 times higher than a year ago. John from San Diego says that the retirement accounts of baby boomers were crushed twice by the stock bubbles and busts of 2000 and 2008. Baby boomers turned to the relative safety of the bond market, another bubble. The host poses the rhetorical question: Where will the bond and stock bubble funds eventually migrate? Gold, silver and PMs shares.Head of the Trends Research Institute, Gerald Celente outlines the bullish case for gold - the yellow metal is up 15%+ in 2016.According to the Trends Research Institute, gold is destined to cross $1,400 on the way to $2,000 an ounce. In the US, crushing debt and meager annual incomes of approximately $30,000 make buying a home and rearing a family unaffordable luxuries for the masses. Modern financial markets are plagued by numerous unprecedented economic developments.Never in American history have families faced a more bleak standard of living than prior generations; Negative interest rates is a recent contrivance;Global monetary debasement occurs on an epic scale;Over a quadrillion dollars in derivatives exist, worldwide;Money center banks hold more than a quarter quadrillion in interest rate sensitive, notional derivatives exposure. Top investors such as Carl Icahn and Duquesne Capital's hedge fund manager extrordinaire, Stanley Druckenmiller are increasing gold / silver exposure. The US housing market bubble could burst in even more spectacular fashion than in 2007, due to greater government intervention. In response, policymakers will implement simulative monetary policies, which will accelerate exponentially from QE3, to QE^2, QE^3, etc.. on to infinity. Chris welcomes Bob Hoye, senior investment strategist at Institutional Advisors who makes investing entertaining.His research indicates the 100 year fiat monetary experiment has failed, which could culminate in an epic economic earthquakeThe discussion includes a compelling forward indicator of gold price, the implied volatility (IV) of the gold etf (GLD) options.When the out-of-the-money IV (blue line) is higher then the, in-the-money IV (white line), a bull markets persists (Figure 1.1.). A new cyclical bull market could be unfolding in the precious metals sector.Show HostChris WaltzekAbout ChrisContact Host:
[email protected] listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370 Guest BiographiesBob 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. T