by Chris Waltzek
Chris welcomes Bob Hoye, senior investment strategist at Institutional Advisors who makes investing entertaining, by applying decades of market financial / economic study and experience to the discussion. His research indicates the 100 year fiat monetary experiment has failed, which could lead to an epic economic earthquake, sending shockwaves reverberating worldwide. The discussion includes a compelling forward indicator of gold price, the implied volatility (IV) of the gold etf (GLD) options: the IV of the strike price just out of the money and just in the money. When the out-of-the-money IV (blue line) is higher then the, in-the-money IV (white line), a bull markets persists (Figure 1.1.). Bob Hoye’s analysis confirms that a new cyclical bull market could be unfolding in the precious metals sector.