Bob
Hoye
of
Institutional
Advisors
rejoins
the
show
with
key
gold
/
silver
market
insights.
The
gold
/
silver
ratio
(GS)
offers
investors
a
rare
glimpse
into
future
price
movements.
When
the
GS
or
metallic
credit
spread,
climbs,
financial
markets
tend
to
swoon
-
the
latest
reading
suggests
increased
market
volatility.
Bob
Hoye
is
most
bullish
on
the
PMs
mining
/
exploration
sector;
by
monitoring
the
earnings
on
the
gold
mining
shares,
investors
can
identify
prospects
with
huge
potential.
The
host
and
guest
concur;
the
technical
/
sentiment
indicators
confirm
solid
underlying
strength
in
US
shares.
Bill
Murphy
of
GATA.org
returns
from
a
tribute
to
Eric
Sprott,
a
precious
metals
expert
philanthropist
and
self
made
billionaire.
According
to
Bill
Murphy,
Eric
Sprott
continues
to
aggressively
accumulate
PMs
mining
shares.
Gold
demand
in
Asia
continues
to
soar,
as
1.3
billion
people
in
India
are
buying
several
fold
over
last
years
figure.
China's
1.35
billion
inhabitants
purchase
the
most,
worldwide.
Flaws
in
the
blockchain
structure
will
eventually
erode
investor
confidence
in
cryptocurrencies,
redirecting
a
flood
of
capital
to
gold
and
silver.
Please
listen
here
Dial-Up
Real
Audio
MP3
FAST
Download
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Quality
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to
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learn
more
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software
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to
play
the
above
formats,
please
visit
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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.
Bill
Murphy,
GATA
Chairman
Murphy
grew
up
in
Glen
Ridge,
N.J.,
and
graduated
from
the
School
of
Hotel
Administration
at
Cornell
University
in
1968.
In
his
senior
year
he
broke
all
the
Ivy
League
single-year
pass-receving
records.
He
then
became
a
starting
wide
receiver
for
the
Boston
Patriots
of
the
American
Football
League.
He
went
on
to
work
for
various
Wall
Street
brokerage
firms
and
specialized
in
commodity
futures.
He
began
as
a
Merrill
Lynch
trainee
and
went
on
to
Shearson
Hayden
Stone
and
Drexel
Burnham.
From
there
he
became
affiliated
with
introducing
brokers
and
eventually
started
his
own
brokerage
on
5th
Avenue
in
New
York.
He
now
operates
an
Internet
site
for
financial
commentary,
www.lemetropolecafe.com.
