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GoldSeek Radio Nugget: Bob Hoye -- Venezuela's hyperinflation lesson, Gold and more

Bob Hoye returns with commentary on the financial market - he is leaning pro-inflationary, with very big implications for the precious metals sector. 

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History supports the bullish thesis for gold, via the decline in real-long-term interest rates, plus strong copper prices, suggestive that the yellow metal could soon resume it's upward trajectory.

Case in point, the Venezuela Bolivar was just revalued by 1 million Bolivar to 1 Bolivar, amid unprecedented hyperinflation that has unfortunately reduced over 75% of the population to poverty. The duo suggest adding precious metals to a well-diversified portfolio of investment assets, to shield purchasing power from the inflation exposure. 

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