The Greatest Financial Bubble of 2022 - Bob Hoye #5553

Published: July 11, 2022, noon

b'Summary: With the dollar going higher and precious metals going lower, the markets are crazy. Here to analyze this is Bob Hoye, who uses historical trends in financial markets to evaluate what is happening in the contemporary economy. The current patterns within precious metals and interest rates are indicative of a great financial bubble. Tune in to hear Bob\\u2019s perspective, and data driven predictions on what\\u2019s to come. Highlights: -The markets are crazy; the dollar is going higher and precious metals are going lower -Bob has looked at extensive history on financial markets, and over time we\\u2019ve seen patterns with financial bubbles -With the conclusion of a great bubble, copper\\u2019s real price goes up and gold\\u2019s real price goes down -In July 2020, the precious metals sector got completely overbought -In a financial bubble, gold deflated goes down; then it stabilizes and goes up -Bob has been specifically looking at the rise of gold\\u2019s real price in relation to the CPI -If you\\u2019re in the mining business, get out of base metals and into the gold business -Gold, base metals, and real long interest rates have done what they are supposed to\\u2014indicating that the bubble is over -The Fed has tried to inflate in previous crashes -The dollar is going to keep going up -In China, base metal mining and gold mining have soared -High prices for metals build capacity Useful Links: Financial Survival Network Charts and Markets'