5 'Serious Issues' That Will Lead To Great Depression 2.0 | Peter Grandich

Peter Grandich, Founder of Peter Grandich & Co., discusses the most serious challenges the U.S. economy faces right now, as well as his outlook on the stock market and commodities.
*This video was recorded on April 17, 2024
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Peter Grandich & Co.: petergrandich.com/
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For business inquiries, reach me at [e-mail]
*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.
0:00 - Intro
1:00 - Gold price fundamentals
10:55 - Mining stocks
19:23 - Peter's favorite commodity
21:55 - EVs and copper
23:15 - 5 serious issues
26:55 - Demographic changes
29:41 - Small businesses in America
32:40 - Financial Ark
34:47 - Peter Grandich's advice for young people
#investing #economy #stocks

[@TheDavidLinReport]

What is the best wealth preservation strategy for you? Comment below and don't forget to subscribe! FOLLOW PETER GRANDICH: Twitter (@PeterGrandich): twitter.com/PeterGrandich Peter Grandich & Co.: petergrandich.com/

[@growgang9833]

😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢

[@Berdihan_outdoors]

Right now i believe it is quite hard with volatility of everything but i have my faith in metals. Also you havent bought your home yet i think buying will be better than waiting for right moment since you never time the market. Buying for investing is a different matter right now advise against it.

[@zyxwfish]

4 week treasuries right now but outside of that gold.

[@mercourisfanbase]

looking wild and windswept Peter..like it

[@freedomwatch3991]

Great Interview. What effect do you think environmental issues will have in the longer future?

[@martinkreuger7330]

Peter Grandich puts it well: ”You have grown before my eyes”. I very much agree. I remember you from just a few years back at Kitco, David, and you have really developed to be relaxed, open, curious and deeply professional. You are a brilliant teacher for the audience without ever taking credit for it or standing in the way of your guests. Kudos!

[@nickhardy7310]

David Lin has turned out to be one of the best in this game. Every video is worth watching.

[@ltiPatel]

The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. It's obvious we are neck dip on inflation,it is always the poor who take the hit.

[@anlatak]

I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Caroline. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.

[@ScottMaldo]

I'm in a similar situation where should I look to increase income? Do you have any advice? What did you do? Thank you

[@ScottMaldo]

​@@anlatakI'm in a similar situation where should I look to increase income? Do you have any advice? What did you do? Thank you

[@anlatak]

Thanks to Mrs Carolina Maria Bravo

[@anlatak]

She's a licensed broker.

[@Andrea-wy8hc]

Having lived through the 70’s, I see the fundamental difference between then and now is the easy access to credit that everyone has today. No one seems to talk about this but I think it matters.

[@Beaconism-Dollarism]

Not only that Peter is one of your the most genuine guests, but also his advice is phenomenally useful despite being numerically non specific.

[@timothywedel1]

8414z

[@BlueWaterSTAX]

David's a true GEM. Thanks for having Peter on the channel. We appreciate great interviews👌

[@johnmorrow4719]

Love this guy. So honest. Practical. Sees the big picture.

[@goldismoney5899]

Peter is top notch. Gold is going higher than he thinks. Peter, you were early in miners because our markets are manipulated and distorted. We are heading into a debt crisis. The powers that be will do and have done everything to suppress metals. Gold can go ultimately to 5K-10K.

[@Sola_Scriptura_1.618]

Agree! If the US increases interest rates - the cost of debt goes up, and the US can not afford to pay the interest on the principal. The US reduces interest rates the debt increases and inflation goes to the moon! The US has printed and expanded money and credit, they have destroyed production with lockdowns and sanctions and hyperinflation is the path of least resistance. Can the US stick handle around this, slim to no chance and slim is on his horse, ready to leave town!

[@KoDeMondo]

Top Notch??? 😂😂 Top nothing absolutely nothing.. I prefer Rafi or Mario inneco

[@Sola_Scriptura_1.618]

@KoDeMondo Peter thinks in Dollars, and Mario and Raffi think in wealth and real value. I save in Gold and Silver; I transact in fiat. Mario is a God send, and he speaks nothing but truth and facts.

[@MrKostol]

20K

[@derandreas]

True, true and true. Peter suggested BRAU PPP and SUP in the last interview. I believe he is doing his due diligence professionally and will go on and speculate with him.

[@browpetj]

Peter is right. Lin is a great interviewer indeed. You have to be technically good to do this job and this guy's got everything dialled in!

[@unconcerned1]

Another great video, thanks! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like stock prices going higher but I also hate buying over-priced stocks and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend stocks and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Tobias Hawke, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@bongogames3992]

Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectiveIy mitigating risks..

[@LucasToledo-bb5gm]

Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Tobias insights. It's akin to finding a diamond in a coal mine.

[@MatheusBarbosa-zw4tw]

Tobias Hawke program is widely available online..

[@Codyjoestone]

It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good strategy/signals..

[@nad1000sm]

Tobias gave me the autonomy I need to learn at my own pace and ask questions when I need to he’s so accommodating.

[@lavague7648]

Be cautious. This is not gold rally. This is commodities rally. Entering supercycle? Nobody knows. Commodities are driven higher for only one reason: higher usd demand.

[@kmilton1593]

Thanks Peter, and great advice at the end. My "dash" would be "he lived within his means, has been debt free, and stayed home to cook his own food (and a few pesos in the bank)"

[@8stripes.]

Peter is awesome what a lovely interview

[@mrsterling5306]

David, If Peter is willing please have him on more often 🙂.

[@KoDeMondo]

NO THANK YOU... already he started to say gold need a correction is completely false

[@kayak9078]

Always love Peter’s interviews

[@brianborkowski5977]

Retail sales surge 0.7% due to inflation. People are spending more and getting less. I’m not sure why people are not understanding the connection between inflation and retail sales rising. People are trying to spend less but they don’t have options. Those with salary

[@ronwinkles2601]

Absolutely correct! Sales are up not based on demand but based on inflationary costs. However, you will never hear it reported from the MSM.

[@mandrews1245]

Yes sales are up but so are Credit Card company write offs. In the last year each (with exception of American Express) have almost had double the number of people who can't pay the amount owing on their cards. So GDP shows we are booming with sales, and CC Companies have double the number of uncollectible balances. It is the hidden numbers no one is showing us.

[@MohDza]

i love his honesty

[@chrispinkstaff7821]

David, with his all-star group of guests, is knockng it out of the park! keep up the good work.

[@Dog_gone_it]

David Lin, working overtime on a weekend while the rest of us are getting stoned. 😅 Still a good listen, im sure ill listen again! 😊

[@yourplumbingpal1225]

Did the same 4 years and 3 months ago , heavily in on metal and miners, metal is up 64% today, my average miner is down approx 35% , Barrack, Newmont, Fresnillo , lot of patience needed here. Do enjoy my small producing miners though and watching them develop. 9 more years on my horizon so I am hoping it all goes as expected or I will be a poor pensioner.😂 Great interview David, thank you.

[@inquisitive8903]

All the miners are diwn?? Y would that be?

[@dubasciver3234]

Love your interviews with Peter.

[@Infodawg2012]

Great interview and very useful financial and life tips. I often speak to young people here in Australia about the virtues of saving, and they look at me like I'm a complete nutjob and they laugh at me. Here, cool people don't think or talk about money, they just spend it and enjoy. They'll learn one day when the sh*t hits the fan.

[@mlangbert]

I taught my classes about The Millionaire Next Door by Stanley and Danko for more than 20 years. I taught them that there is only one way to wealth, investing, and the media is a brainswashing tool.

[@mareecrick2379]

I'm an accountant also in Australia. Not only do few people truly understand money, they also do not understand debt. We are living in interesting times.

[@Infodawg2012]

Western education needs to include finance and social media as compulsory subjects from primary one. Children need to learn about how to build and manage their finances and about debt, and also the dos and don’ts and dangers of social media.

[@Archie-td6ox]

Peter's a class act. Great interview

[@wisencareful4645]

Peter applies commonsense to the current fiscal situation brilliantly His opinions are well worth the listen I’m holding my Gold position for the longer term. I fear the Global fiscal situation, we’re cooked here in the US & it’s only time before a massive fiscal reality check !! As a Country we are so over extended it borders on ridiculous… if we were managed like a decent business we’d be forced into Bankruptcy very quickly Everyone with half decent gut feelings knows this is simply fact.

[@randybeck7554]

Definitely a dynamic duo. Love your conversations.

[@kirkheisey2597]

THANK YOU GENTLEMEN!

[@gianfrancobergagna4024]

I didn’t see 30 % correction by the end of April as he said last year!

[@CigarAttache]

One of the best discussions I’ve heard with Peter. You guys covered a lot of ground. Excellent 👍🏼👍🏼

[@user-cn5ri5he4c]

David is the best! Thank you for the programs!

[@mauropasini4785]

The big move in PMs will come when fear takes over. We are closer to that moment than anybody thinks.

[@inquisitive8903]

Yesss im sensing a fomo here too....

[@12345im]

Great interview, thanks

[@terryli340]

Smart man, great analyst. 👍

[@leslieread556]

Great interview with Peter...agree with his thesis. Really like Peter Grandich...a good NY'er and great Philosophizer! -Leslie

[@victorpaternoster4706]

Thank you David and Peter for the intelligent and helpful dialogue.

[@grant1506]

Enjoyed that David thanks. Great questions. Great answers. ✔️😊

[@fogchaser8513]

Excellent interview. Thank you.

[@carolandrews6459]

Thanks!

[@Berdihan_outdoors]

Great job David i have been watching you from Kitco days you are doing great.

[@hanknyc]

Nice guy, sound advice. Thanks David and Peter for a great discussion!

[@user-xm6kz2gv8u]

Love your program it's honesty and you're reliable . Keep on sharing

[@PaintMyLifeAway]

Great interview!

[@kjay1856]

This was a wonderful interview. Thank you!

[@marylynnenglish7046]

Good interview!

[@juanreese6933]

Peter is so enlightening because his allegiance is to a higher authority

[@Bullish369]

hell have to answer to his sins for shilling penny stocks to elderly folks for exit liquidity... shame

[@Discovery2024-rn8kn]

Oh no the sky is falling, Davids hair to the rescue

[@donkirouac25]

What a beautiful soul that Peter is. Awesome and genuine insight so greatly appreciated. Kudos. Be well.

[@ricoroometoo4697]

I agree with the sentiment in this vid David , you do inspire folks , I know you have for me I’ve watched you go out and do what you love and started working for yourself , it’s a very brave step and look at what your hard work has got you so far , keep pushing and I believe your channel will keep growing with you .

[@momomama2510]

Very very good material. Thank you both very much!

[@behappyandlucky1869]

Really a great interview and intelligent conversation 🎉

[@vee4029]

What a wise point of view. Enjoyed his interview. Thank you.

[@ericarseneau1904]

Great Interview

[@johnsonoyama]

Great interview thanks

[@lwang5534]

Good interview and guest. Thanks!

[@AlpineStacker]

Peter is always top notch! A lot of experience and interesting views. Love to listen to him

[@AwakeningTVII]

Peter is a wise man. Loved the interview. Thanks David

[@eponaepona]

Sir, there are a lot more people from the funniest places on the planet that are interested in what you have to say ❤ thank you for the talk , regards from Serbia

[@ardentenquirer8573]

Great interview

[@Andrea-wy8hc]

Fabulous interview from 2 incredible people.

[@Wicous]

Great interview David! Thanks

[@talktovamsi]

Great discussion!!

[@ClaudioG-oh6vl]

Can't think of a better human being to get financial advice from. Thank you David for this interview.....and Peter, thank you for all that you do.

[@ralphkoster2687]

Very good david lin report

[@glenndallaire3449]

Great interview. Thank you.

[@carolect5592]

So enlightening true wisdom

[@kenrebro2746]

Good job gentlemen

[@andrewbccoast]

Great work David. Congrats on a successful transition to independence! 🚀🚀🚀

[@eliasthrilos8317]

Thank you Booth Such important information needed to be reached to average people!!!!

[@desertcat8029]

Excellent interview 👍

[@nicroberts4779]

Awesome interview, appreciate the levelheadedness and honesty

[@nfisher6502]

Great Interview. Keep up the Good work. 🙏

[@maxiewex1496]

Great interview with Peter. Thank you.

[@Xtina2525]

Great last question David! I'm in that camp. Doing everything I can to build a secure financial future. Seems very uncertain though. 😢

[@GB-ep6hu]

One of the very best 🙏 Thank you guys

[@TexasRiverRat31254]

Hey David! Thanks for a great interview with a true gentleman and no underwear ad. 👍 I'm subbed again. Have a great 4-20 weekend.

[@liamporter1137]

Great fair feedback.

[@curryvision2020]

Thank You David!

[@CollectorChronicles]

Love this guy.

[@ngmookleong3415]

what a true to earth starting ,or admiration for the host David . mutual respect play out .

[@ralphsimpson4593]

Enjoyed hearing Peter's perspective. Hopefully he can come back soon.

[@Robyn-Hood]

Peter has a great dash!!

[@cassius2703]

Really good interview - thank you David and Peter!! some hard things to hear but good none the less for hard times we live in!

[@excontinger]

Great show David!!!

[@kylecollins7079]

Happy 4/20 David

[@illusions46n2]

Im guessing there are few potheads in the financial space, but im here so cheers.

[@randyosborne3971]

Congress is for sale. On the take. BOTH PARTIES. And Congress mandates the Federal Reserve. What could go wrong?

[@Carlos-im3hn]

Modern fiat finance, debts, and deficits corrupts all.

[@mlim4830]

Nothing will go wrong. Just keep printing more $$$$$$$$$$$$$$$$

[@FreedomAtRisk]

Everyone loves Peter, as long as you didn't follow him into Arizona Metals!

[@juanreese6933]

I did and now I live in my car

[@robertdagge200]

​@@juanreese6933I had to sell my car. And sleeping on a bicycle is really difficult

[@dougbrun7789]

I been in a resession since I moved out of my parents house in 1997😂

[@jimscherer8072]

Peter has a calling. Others don't have a Devine purpose like Peter has.

[@mrsterling5306]

Peter is very Intelligent, I enjoy listening to him. My view is Money provides one FREEDOM to do whatever they want when they want! So if you are free from a dumb 9 to 5 job, Then ABSOLUTELY money provides HAPPINESS!!!

[@KoDeMondo]

Intelligent?? 😂

[@aslkdjfzxcv9779]

yes!

[@bpb5541]

He said 5 serious issues. I am tracking 14 of those bad boys.

[@leonlobos9718]

Civil unrest not in Canada???? What was the Truckers Strike!!

[@derandreas]

Its the time for speculators now. Peter suggested SUP, PPP and BRAU in the last interview. I still agree with him that these are unbelievably cheap now.

[@jayson1071]

Great interview but i still love Bitcoin!!😊

[@meemorelive]

Smart guest

[@ralphsimpson4593]

Saw a meme this morning showing citizens in tents on the street and new arrivals being put up in hotels. Peter is right instability is brewing. This stuff is political dynamite

[@mattclarke3761]

Peter’s a good unit.

[@pascalxus]

that's good advice about telling people in CA and SF, and blue cities to get out. some of the policies are getting really really draconian.

[@tennesseeprepper5102]

The gold pullback may not occur. Too many variables. Thx I you Mr Grandich

[@paulgiglio6944]

Thank you for listening I know you have to make money you have to do what you have to do but at least you listen so all the commercials is fine thank you again