Summary: March 17, 2017 Happy St. Patrick's Day!Featured GuestsPeter Grandich and Bob Hoye Please Listen Here Show Highlights 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 While the outdated quantum computer, D-Wave, was faster than 7 billion human minds, the entire global populace. Peter Grandich of Peter Grandich and Company notes, "I haven't been this bullish on gold in 20 years." The duo discuss today's FOMC meeting where concerns over domestic inflation and an overheating economy lead Fed officials to raise the lending rate.The quarter point rate hike sent the PMs sector sharply higher. The event could signify much better times ahead for gold and silver investors as the US dollar trade may be crowded.Given the Atlanta Federal Reserve's 1% GDP target, policymakers could reverse course as soon as Spring of next year. When merely a fraction of the funds pouring into the US equities / Greenback / energy markets from around the globe are redirected to the PMs sector.The confluence of events will catapult gold and silver investments past their 2011 zeniths.Several Western US states are adding legislation that makes gold and silver legal tender, removing state capital gains taxes. Although off topic, Edward Snowden recently announced an intriguing hypothesis regarding extraterrestrial communications, via encryption. Show HostChris Waltzek Ph.D. About ChrisContact Hostgsradio@frontier.com
