Bob Hoye returns with commentary on the financial market - he is leaning pro-inflationary, with very big implications for the precious metals sector.
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.
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
