Goldseek.com
begins
the
12th
consecutive
year
on
the
digital
airwaves
with
Bob
Hoye,
of
Institutional
Advisors.
US
equities
have
reached
frothy
levels
during
the
end-of-year
rally
making
a
correction
likely
in
the
New
Year.
Our
guest
suggests
that
a
Long-Credit
Contraction
is
inevitable
amid
a
post-bubble
period
where
the
senior
currency,
i.e.,
US
Dollar
should
remain
strong.
The
gold
/
dollar
ratio
suggests
that
the
bull
market
is
merely
dormant
and
will
likely
resume
the
uptrend
in
2017.
Bob
Hoye's
technical
indicators
are
setting
up
for
a
buying
opportunity
in
the
PMs
mining
sector.
The
President-elect
chose
a
gold
aficionado,
Congressman
Mick
Mulvaney
from
S.C.
as
the
new
Budget
Director.
Dr.
Martenson
from
PeakProsperity.com
outlines
the
factors
sending
the
crude
oil
market
skyward.
Reports
indicate
that
OPEC
members
agreed
with
non-OPEC
nations
to
curtail
output.
The
guest
/
host
concur
that
$55
crude
oil
is
a
bargain
-
a
more
responsible
valuation
remains
$70
per
barrel.
Demand
continues
to
soar
in
the
US
/
China,
for
instance
the
US
consumers
18
million
barrels
per
day.
In
Venezuela,
inflation
is
approaching
500%
as
the
100
Bolivar
note
drops
to
two
US
cents
-
officials
removed
the
currency
denomination
from
circulation.
The
new
20,000
Bolivar
note
is
worth
only
$4.
The
border
with
Columbia
was
closed
to
stem
the
flow
of
money
out
of
the
nation.
The
official
cover
story
involves
thwarting
counterfeiting
and
smuggling
-
in
reality,
runaway
inflation
has
relegated
the
denominations
to
near
worthless.
Gold
demand
from
the
two
largest
national
consumers
ground
to
a
virtual
halt
at
precisely
the
peak
festival
seasons,
in
both
India
as
well
as
China.
The
US
Fed's
balance
sheet
remains
static
at
$4.5
trillion
-
it
appears
to
be
a
holding
pattern
ahead
of
imminent
QE
to
maintain
the
ailing
domestic
edifice.
Our
guest
suggests
that
an
economic
collapse
is
likely,
beginning
first
with
deflation
that
results
in
waves
of
new
QE,
culminating
in
runaway
prices.
Another
challenge
facing
domestic
workers
involves
the
rapid
evolution
of
automated
robotics
/
A.I.
that
is
displacing
workers
at
a
rapid
clip.
New
estimates
indicate
that
millions
of
delivery
/
transportation
jobs
could
evaporate
as
robot
transportation
becomes
widely
accepted
within
5-7
years.
The
process
is
inevitable
due
to
the
exponential
improvement
productivity
stemming
from
automated
workers.
Automation
comes
with
a
hefty
price
tag
of
reduced
incomes
and
lower
consumer
confidence
levels.
An
unspoken
policy
of
financial
repression
worldwide
appears
to
be
gaining
momentum
-
the
PMs
remain
the
de
facto
means
to
escape
the
trap.
Right
click
above
&
"Save
Target
As..."
to
download.
To
learn
more
about
software
needed
to
play
the
above
formats,
please
visit
the
FAQ.
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.
Chris
Martenson,
PhD
(Duke),
MBA
(Cornell)
is
an
economic
researcher
and
futurist
specializing
in
energy
and
resource
depletion,
and
cofounder
of
PeakProsperity.com
(along
with
Adam
Taggart).
As
one
of
the
early
econobloggers
who
forecasted
the
housing
market
collapse
and
stock
market
correction
years
in
advance,
Chris
rose
to
prominence
with
the
launch
of
his
seminal
video
seminar:
The
Crash
Course
which
has
also
been
published
in
book
form
(Wiley,
March
2011).
It's
a
popular
and
extremely
well-regarded
distillation
of
the
interconnected
forces
in
the
Economy,
Energy
and
the
Environment
(the
"Three
Es"
as
Chris
calls
them)
that
are
shaping
the
future,
one
that
will
be
defined
by
increasing
challenges
to
growth
as
we
have
known
it.
In
addition
to
the
analysis
and
commentary
he
writes
for
his
site
PeakProsperity.com,
Chris'
insights
are
in
high
demand
by
the
media
as
well
as
academic,
civic
and
private
organizations
around
the
world,
including
institutions
such
as
the
UN,
the
UK
House
of
Commons
and
US
State
Legislatures.
