After completing a degree in Geophysics, Bob worked in mining exploration. Inspired by the mistake of making money on his first trade, he joined an investment dealer. Historical research led to metals forecasting for large mining companies. This segued into providing independent research to financial institutions. In 1981, the concept that speculation would shift from tangible assets to financial assets was controversial. That was phrased as “No matter how much the Fed prints, stocks will outperform commodities”. Stocks are still outperforming, but the next major transition will be described as “No matter how much the Fed tries to print, cash will outperform tangible and financial assets”. It has to do with the velocity of money. Bob has had articles published in many outlets and has addressed financial forums in a number of countries.