GoldSeek Radio Nugget - Bob Hoye: Inflation adjusted gold price hints at a bullish theme

In this March 22nd, audio nugget, market historian and author, Mr. Bob Hoye (chartsandmarkets.com) comments on today's FOMC rate hike (.25bps) and outlines an enticing case to accumulate mining shares!

1.10 - Gold mining shares, improving earnings.

5.00 - Post-bubble, financial contraction cycle.

8.20 - Yield curve inversion oftentimes results in a period of economic recession.

9.10 - The more intense the yield curve-inversion, the deeper the economic contraction.

10.00 - Inflation adjusted gold price hints at a bullish theme.

13.30 - Gold to energy ratio supports a multi-year rally scenario.

15.01 - The Fed Funds Futures contract exceeded the extreme Fed target level - the last two times this occurred, the Dot.com crisis and 1987 crash followed.

19.50 - The US Fed raised the overnight lending rate a quarter point today to 5% - current FFF's suggest strong probabilities of another quarter point hike in 6 weeks.

27.14 - Bob suggests accumulating PM's share on the prospect of increasing earnings.

28.01 - Gold shares indexes could outperform the S&P.

31.05 - Buying price pullbacks may be an appropriate strategy for PMs miners.

31.25 - PMs investments make ideal beta candidates for balanced investment portfolios.