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by Chris Waltzek
GoldSeek Radio
Chris welcomes back Bob Hoye, senior investment strategist of Institutional Advisors, who wishes every listener a Happy New Year. The economic endgame could be near – central bank policymakers are using every method possible, from negative interest rates and QE, to hold up the global house of cards. His models suggest a paper asset crash is inevitable, it is merely a matter of time. However, timing the event is challenging and will represent a sea-change in economics worldwide. The tipping point could stem from the Junk Bond market, where soaring yields have crushed prices, potentially threatening the higher rated debt market. Our guest’s key takeaway point: a financial maelstrom of epic proportions will crush debt instruments and even shares – hard assets will be essential to economic survival.
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