Unprecedented Moves in Metals Markets - Bob Hoye #5441

Summary: The Ukraine/Russia circumstances are having a large impact on the markets, and I have Bob Hoye on the show to give historical insight on why this is happening and what we can expect in the near future. When we look at the past, these sort of uprisings have taken a long time to resolve diplomatically, and the pain of the recession will be the only factor that drives Putin to make some sort of change. Tune in for more insight on what’s to come. Highlights: -Hoye comes on the show to give a historical perspective on what the Ukraine/Russia circumstance is doing to markets -When you look at previous uprisings in the former Soviet Union (near the mid 1900s), diplomatic solutions have taken very long to arrive at -Pain felt by the effects of a recession would cause Putin to make a change -Putin contends that the greatest catastrophe of the 20th century was the breakup of the Soviet Union -Speculation in the political markets has become unusually reckless -It seems that governments don’t always learn the lessons that history provides -The financial catastrophe in Russia has earned a recession—the federal reserve is supposed to prevent this, but this theory doesn’t necessarily work Useful Links: Financial Survival Network Charts and Markets