Bob Hoye, Bill Murphy, Chris Waltzek Ph.D. & Robert Ian - July 19th, 2019 - Goldseek.com Radio. A Spina-Waltzek Production-©2005-2019 http://radio.goldseek.com/ Royalty free music from Google Play. Disclaimer: this show is presented only as informat

Summary: July 19th, 2019(S14-E705)Featured GuestsBill Murphy & Bob HoyePlease Listen HereInterview RecapBill Murphy of GATA.org returns to the show with fresh insights on the recent PMs shares rally that continues to parallel the success of the US shares.One positive contrarian indicator, coin shop owners are telling our guest that demand remains sluggish, despite the strong upward market activity.John Q. Public has yet to jump on board the gold rush, a big indication of enormous pent-up future demand for the metals, a coiled spring.The price action is wildly bullish, for 4 consecutive weeks amid an epic rally the bears failed to maul the market.Every pullback resulted in resilient price action, an extremely bullish sign that typically occurs most frequently in nascent bull markets.Our guest is convinced that the PTB pulling the strings behind the market curtain, manipulating the price via dumping enormous tons of gold and silver.Key strategic price points are running low on bullion to sell, just as demand is reviving.This combination punch could present PMs bulls and the public a key opportunity to procure bullion at a reasonable valuation.Key takeaway, silver remains the most important industrial PM and the 2nd most important semi-precious metal behind only copper selling around the cost of production or lower, making the current price at over 90:1 gold to silver ratio could be viewed as a firesale in the years to come. Bob Hoye, Editor & Chief Investment Strategist of Bob Hoye.com rejoins the show with his view on why gold is the "go to" asset of the next decade.Bob Hoye notes authoritarian forms of governance are struggling to salvage the global economy using outdated draconian economic measures.He and his colleague define 3 key measures of market bubbles: momentum, pattern, and sentiment.Financial history rarely repeats, but it certainly rhymes according to our intrepid duo.History reveals that financial market manipulation and human psychology combined with leverage rarely ends well.The market bubble theme echoes throughout history even today, resulting in the greatest financial bubble of all time, threatening global hegemony.Chris encourages investors to invest wisely via portfolio methods, instead of falling into the trap of forecasting, to outsmart millions of sharp investors.The odds competing with up to a billion competitors in virtually any field is at least a wasteful endeavor.Instead, a portfolio with diversified asset classes in a long-term uptrend with annual new cash put into low priced beta-balancing assets is preferable.Solid undervalued assets include silver, the ideal investment formula for 99% of investors.Bob Hoye and the host concur a lengthy gold bull market is imminent, full speed ahead! Bob Hoye notes silver remains in tight demand conditions.Silver represents a solid portfolio beta-balancing asset, especially given that recent 95:1 gold to silver ratio, and that the natural rate is approximately 15:1.