Gold Deeply Oversold Relative to Commodities (CRB index) says Financial Historian Bob Hoye
Posted: Sat Jul 02, 2022 4:25 pm
Bob Hoye is a trained geologist, successful resource investor and economic historian.
In this interview, Bob shares his research regarding why the gold price is deeply oversold relative to commodities as measured by the CRB index. Gold/CRB has registered downside capitulations and suggests a trend change. This change, Bob says, may occur within the next weeks or few months and could result in the multi-year gold bull market he has been teaching about for years. Bob has always said the gold bull market occurs after a deflationary crash in stocks/bonds which he sees as occurring right now.
youtu.be/hLHRu368M5c
In this interview, Bob shares his research regarding why the gold price is deeply oversold relative to commodities as measured by the CRB index. Gold/CRB has registered downside capitulations and suggests a trend change. This change, Bob says, may occur within the next weeks or few months and could result in the multi-year gold bull market he has been teaching about for years. Bob has always said the gold bull market occurs after a deflationary crash in stocks/bonds which he sees as occurring right now.
youtu.be/hLHRu368M5c