Bob
Hoye
of
Institutional
Advisors
rejoins
the
show
in
rare
form
with
timely
market
commentary
and
historical
perspective.
Although
a
confirmed
gold
bull,
Bob
Hoye
questions
the
validity
of
the
gold
manipulation
story,
preferring
instead
to
monitor
the
gold
/
silver
ratio.
Currently,
indicators
suggest
ensuing
chaos
in
the
credit
market
via
the
high
yield
/
low
grade
bond
market.
Each
time
over
the
past
decade
that
proprietary
technical
indicators
reached
current
levels,
the
US
stock
market
reached
a
critical
peak.
The
superstar
cryptocurrency
Bitcoin
revolution
recently
eclipsed
the
price
of
gold
for
the
first
time,
signifying
high
demand
for
currency
anonymity.
Given
the
challenges
involved
with
investing
in
Bitcoins,
the
only
Bitcoin
ETF,
GBTC
is
a
convenient
alternative.
Part
of
the
appeal
underpinning
the
Bitcoin
phenomenon
results
from
the
ease
of
divisibility
of
units.
Bitcoins
are
divisible
down
to
a
Satoshi,
0.00000001.
No
matter
how
high
the
price
may
skyrocket,
Bitcoins
can
be
purchased
at
any
increment
for
any
transaction.
The
bifurcation
allows
for
speculation
in
Bitcoins
in
tandem
with
monetary
usage.
Bob
Hoye
applauds
cryptocurrency
aficionados
for
moving
the
global
economy
away
from
centralization.
The
breakthrough
facilitates
greater
freedom
for
digital
denizens
forcing
bureaucrats
to
conform
to
the
digital
revolution.
The
recent
stealth
rate
hike
by
the
FOMC
appears
to
be
a
trap
set
for
unsuspecting
investors.
The
FFF
contracts
predicted
several
more
months
before
a
quarter
point
hike
in
the
benchmark
lending
rate.
The
discussion
veers
into
the
realm
of
quantum
mechanics
/
computing,
Q-bits,
CERN,
the
large
hadron
collider
in
France
/
Switzerland
and
parallel
universes.
According
to
peer-reviewed
literature,
each
Q-bit
has
access
to
an
alternative
/
parallel
universe,
allowing
for
an
exponential
increase
in
computing
speeds.
While
the
outdated
quantum
computer,
D-Wave,
was
faster
than
7
billion
human
minds,
the
entire
global
populace.
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Guest
Biographies
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.
About
Peter
Grandich
Managing
Member,
Grandich
Publications,
LLC.
With
no
formal
education
or
training,
Peter
Grandich
entered
Wall
Street
and
within
three
years
was
appointed
Vice
President
of
Investment
Strategy
for
a
leading
New
York
Stock
Exchange
member
firm.
He
was
the
editor
and
publisher
of
four
investment
newsletters,
and
appeared
on
national
TV
and
radio
over
400
times.
Labeled
the
Wall
Street
Whiz
Kid,
Grandich
gained
national
notoriety
by
being
among
the
very
few
who
not
only
forecasted
the
1987
stock
market
crash
just
weeks
before
it
happened,
but
on
the
very
next
day
he
predicted
that
within
a
year
the
market
would
reach
a
new
all-time
high
which
it
did.
Proving
his
1987
forecast
was
no
fluke,
Mr.
Grandich
said
in
January
2000
that
the
year
2000
will
go
down
as
the
year
the
great
mega
bull
market
of
the
80s
and
90s
came
to
an
end.
He
speaks
at
numerous
major
investment
conferences
worldwide
and
was
awarded
Best
Speaker
Award
eight
times
by
the
International
Investors
Conferences.
Grandich
is
the
founder
and
managing
member
of
Grandich
Publications,
LLC.
Grandich
Publications
publishes
The
Grandich
Letter.
First
published
in
1984,
it
provides
commentary
on
the
mining
and
metals
markets.
In
addition,
the
company
also
provides
a
variety
of
services
to
publicly-held
corporations
on
a
compensation
basis.
In
addition,
Grandich
is
a
member
of
the
National
Association
of
Christian
Financial
Consultants,
and
a
long-standing
member
of
The
New
York
Society
of
Security
Analysts
and
The
Society
of
Quantitative
Analysts.