Bob Hoye

Bob Hoye is the chief financial strategist of Institutional Advisers.

Bob Hoye Articles

The Downside Capitulation alerts in gold of July 17th-19th have been followed by a small bounce, capped with closes just under $1232. Last week saw new closing lows at $1205. This continues to have the makings of a classic undercut of...
The US Dollar Index had an opportunity to generate a double bottom as it tested the September lows early in January. However, the bounce could not take out even the nearest of overhead resistance at 92.50 or approach the 93.50 level that...
Gold and silver mining stocks have been underperforming bullion for several months. The oversold readings on October 26th/27th provided the opportunity for a change. However, while bullion managed to rally from a test of the September lows...
In the fateful month of May 2007, the Treasury curve reversed and in that fateful June, credit spreads reversed. Both forced the dramatic failure of Bear Stearns in early June, which marked the start of the worst contraction since the...
The Copper, Cotton and Crude Oil markets have recently registered COT numbers at multi-year extremes. The prices subsequently broke out to new highs, but failed to gain any traction. This is similar to what was seen in gold price last...
We continue to monitor the seventeen-year cycle in the US Dollar Index and its relationship with gold. Looking at gold since the Dollar bottomed in May, the patterns of 1999, 1982 and 1983-85 are a close match. The Fibonacci levels come...
Signs Of The Times: "U.S. home prices have climbed back above the record reached more than a decade ago." - Wall Street Journal, November 29.v"After a years-long boom in lending, signs of trouble are popping up in auto loans."
It is uncertain if Krugman knew about the discussion of a gold standard. Possibly not, as he would have become apoplectic and unable to comment. The "ex-bank CEO" is John Allison who recently retired as president of the Cato Institute. Our...
For the precious metals community the ultimate catastrophe would have the US dollar going to "zero". Of course, what is not part of this equation is what happens if industrial commodities rise much faster than the price of gold or silver....
This week's harvest of headlines records a lot of hope in the crude oil markets as well as remarkably reckless borrowing. Matched, of course, by the equivalent in lending.

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A gold nugget can be worth three to four times the value of the gold it contains because they are so rare.