by Chris Waltzek
Senior Investment strategist at Institutional Advisors, Bob Hoye returns with his impressive wealth of knowledge on market history, applying wisdom to current market conditions. Bob Hoye and the host discuss Martin Armstrong’s research (subject of new documentary: The Forecaster) in particular how changes in global capital flows in Japan and the EU are driving funds into US equities / dollar, pushing the commodities / energy sectors lower. The guest expects the US dollar to top, turning currency flows in favor of the precious metals sector – the XAU is showing signs of a bottom now that energy costs are so low, which could lead to a new bull market for gold equities in the coming weeks / months. In 2009 Apple shares (APPL) were trading at $11, now over 10 times higher, Bob Hoye comments on a possible turning point a potential bellwether for the entire stock market.