GoldSeek Radio Full Show: Steve Rocco and Bob Hoye

March 27, 2023

Steve Rocco, of the Rocco Report, returns with extraordinarily bullish comments on the PMs sector.

1.30 - The Derivatives ordinance is armed and unstable...

3.00 - 4 largest domestic banks have $170 TRILLION in derivatives exposure, according to sources.
4.20 - How sound is the FDIC.

9.00 - PMs miners and exploration shares.

10.00 - Silver is trading.

12.10 - Gold mining shares forecasts.

18.16 - Energy Crisis 2.0 2023-2025?

23.50 - "People must be in physical precious metals."

26.00 - Unrest in Europe could spread to the US, making safe havens essential.

29.00 - There is not enough investment grade gold and silver to cover 1% of potential global demand.

Market historian and author, Mr. Bob Hoye (chartsandmarkets.com) comments on today's FOMC rate hike (.25bps) and outlines an enticing case to accumulate mining shares!

1.10 - Gold mining shares, improving earnings.

5.00 - Post-bubble, financial contraction cycle.

8.20 - Yield curve inversion oftentimes results in a period of economic recession.

9.10 - The more intense the yield curve-inversion, the deeper the economic contraction.

10.00 - Inflation adjusted gold price hints at a bullishe theme.

13.30 - Gold to energy ratio supports a multi-year rally scenario.

15.01 - The Fed Funds Futures contract exceeded the extreme Fed target level - the last two times this occurred, the Dot.com crisis and 1987 crash followed.

19.50 - The US Fed raised the overnight lending rate a quarter point today to 5% - current FFF's suggest strong probabilities of another quarter point hike in 6 weeks.

27.14 - Bob suggests accumulating PM's share on the prospect of increasing earnings.

28.01 - Gold shares indexes could outperform the S&P.

31.05 - Buying price pullbacks may be an appropriate strategy for PMs miners.

31.25 - PMs investments make ideal beta candidates for balanced investment portfolios.