GOLD To $3,000 - Here's WHY & HOW?! | Peter Grandich

Peter Grandich explains 5 major structural issues he has identified that make him believe that Gold still has a long way to go and why $3,000 is possible.
#gold #dollar #goldprice
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Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: bit.ly/BUYGoldSilver
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Guest: Peter Grandich
Company: Peter Grandich & Company
𝕏 @Peter-Grandich
📺 @Peter-Grandich
🌎 petergrandich.com/
Recording date: April 29th, 2024
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DEUTSCHE GOLDMESSE
May 3 & 4 in Frankfurt, Germany
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Register today.
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Twitter: / soarfinancial
Website: www.soarfinancial.com/
Chapters & Timestamps (AI Generated):
00:00 - Intro
00:28 - Welcome and Background Introduction
01:05 - Economic Overview and Gold Market Analysis
02:11 - Economic Confidence and Inflation Concerns
03:34 - Political Impacts on the Economy and Upcoming Elections
05:08 - Five Major Economic Crises Discussed
06:53 - Deep Dive into the Debt Crisis
09:22 - Future Predictions for Gold Prices and Investment Strategies
11:23 - The Merge of the Federal Reserve and Treasury
13:52 - Global Impact of BRIC Nations and Trade Dynamics
16:04 - The Role of Gold in Current Financial Markets
18:10 - Why Has Gold Price Increased Recently?
20:33 - The Current State and Future of Mining Stocks
23:10 - The Outlook for Silver and Other Precious Metals
25:00 - Discussing Copper's Role in Future Markets
27:31 - The Viability of Mining and Junior Resource Stocks
30:02 - Closing Thoughts on Investment Strategies
32:43 - Final Remarks on Economic Predictions and Metals Market
35:04 - Viewer Questions and Interaction Encouraged
37:23 - Additional Insights on Financial Markets and Investments
39:16 - Wrapping Up: Key Takeaways and Final Thoughts
41:53 - Outro and Encouragement to Subscribe and Comment
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#USEconomy #Economy #SP500 #SP5000 #stockmarket #stocks #tedoakley #investing #money #gold #soarfinancially #marketcrash #recession #inflation #bonds #bondmarket #bondauction #usbonds #consumerdebt #FED #goldprice #goldinvestment #investments #money #savings #bankingcrisis #bullmarket #bulltrap #mag7 #nvidia #tesla #microsoft #apple #aapl #msft #alphabet #googl #amazon #amzn #nvda #meta #tsla #zerohedge #silver #silverprice #silvermarket #marketbubble #fomc

[@nandojuace]

When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work - the most you will make is 5 dollars.❤

[@LolMan-qy9cc]

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

[@quantarrow]

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

[@IshrakHossain-rt8is]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.

[@mbnesbitt]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@hamzahamza-bz3rf]

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@catfishcustoms6358]

For the families that are living on under 45 thousand , they are already in a depression .

[@artjogo]

Love Peter, one of the most humble and smartest people in the industry, one of my favorites next to Adrian Day. Great interview thank you.

[@Sola_Scriptura_1.618]

Gold is not INSURANCE! Gold is wealth, fiat is fugazi. A battery stores energy, and Gold stores wealth! Fiat is for transactional activities. I save in Gold and spend in fiat!

[@mtpeterteacher755]

As a PM hodler for 12 plus years, I can't help thinking Gold should already be north of $3000, Silver $60. A true bull market today would be $5000 and $100. Replies and opinions most welcome.

[@user-xn7hv5hf9f]

Totally agree but I think the price is being manipulated

[@nicholasmendezdelvalle8770]

It will get there soon

[@deborahilyia1125]

Look at BITCOIN from air or nothing to 60 thousand dollars a coin. It started at ZERO! Gold and Silver are suppressed because they are inherently money for thousands of years. They have NEVER been zero because it takes effort and labor to make that coin. That’s why I do not worry about dollar price of gold or silver. I can ALWAYS transfer that to whatever monetary system is in play. ❤

[@bruceposch1449]

The pm price only matters if you want to sell it. PMs are on my list of things like farmland, that it doesn't matter how high it gets,....or how low it gets...I won't be selling. I have it for when things get bad, not good. So a bull, or bear market will never matter to people like me. For example I keep a year supply of home grown potatoes in my cold storage. It doesn't mater if the price of potatoes skyrockets, my supply isn't for sale. Here is my problem with gold... and it is most people's problem with most things....as the prices go up too high, too fast, I stop buying it.

[@SamsungSamsung-md9xq]

The thing that keeps on surprising me is that gold makes a rise step by step,and people say they never thought it would go as high as it did,but why shouldn't it have gone to 70000 dollars,when a bunch of numbers with no intrinsic value,and not a hedge against inflation,because it falls when the market falls,nearly impossible to buy stuff with,too expensive and complicated for everyday use you can buy and sell gold in any country ,so yeah,why can't gold triple at least??

[@markneilson1044]

Great interview yes I agree main St media very negative on gold. There was even one article this week claiming all the people who bought Costco gold are having trouble selling it now. What rubbish.

[@alexconnors1027]

Remember both parties are part of the same bird..its all by design.

[@alanmrsic893]

Great stuff, thanks again!

[@darrenschroeder8914]

I felt things softening during Christmas 🎄 of '22

[@kahvac]

Always good to hear from Peter !

[@MissLibertarian]

Gold price measures the loss of faith and trust in government mandates to preserve peace and prosperity.

[@henryh3800]

The key metric to watch is the level of dividend paid by the Fed to the treasury. When the Fed owns enough bonds, the interest payments will largely just loop back through the Fed to the treasury, after some Fed expenses and preference dividends paid to the member banks. Once that happens it will be the equivalent of un-sterilized money printing.

[@vktravellog1242]

I feel the inflation but thats about it. I am financially sound because I been preparing for a the greatest depression thats coming for a while now but I am noticing crime spiking. I saw a walmart in laguna niguel cutting the self checkout from 12 to 2 stations. I asked is this because of theft and they said yes which is what I thought.

[@Sola_Scriptura_1.618]

Like you, I have been preparing, preparing since 2008!

[@deborahilyia1125]

Thank you Peter! GOD BLESS YOU!❤

[@gordongroves8519]

check John Williams' Shadowstats. 25% unemployment. Only statistician who doesn;t lie. Great Depression levels ALREADY. Why are we talking about maybe this and maybe that?

[@BigTomInTheBasement]

The official numbers show way less. One has a huge headwind going against the standard line.

[@richardlarock2809]

We feel the inflation at the grocery store, when we pay the utility, insurance, and property tax bills. It takes double what it did in early 2020.

[@paulwilson7622]

What the US and West generally is like attending the music concert on the Titanic with the ship heeling over at 45°

[@briangranger1741]

Agnico Eagle Mines Ltd

[@douglasthompson9482]

I agree with Peter. All in good time….when things break, our society is going to be horrific.

[@daminiel1]

Small business owner in Chicago. My Primary client base is middle class and high income earners. As a service based business some of my clients already have slowed down quite a bit when just 1-2 years ago this same time I would have seen them twice a month it would have been the beginning of the busy season but its slower now. It’s already starting

[@bobdole7701]

Im buying gold and BTC with my dividends.

[@SaSa-fs8sb]

Could you get Cem Karsen on ?

[@michaelnelson2970]

Thanks for your honesty.

[@elizabethmurray5718]

Who would have thought the dollar would continue to maintain its importance like it has...dollar over, means gold and silver takeover

[@DavidBranham-zp1fo]

The gold and silver miners are getting ready to make a major move with earnings reports due shortly there should be some big gains in the share prices

[@lawtutoring]

Allocate 10% to physical gold, 40% to gold mining shares, 50% to shares of other commodities. Sit back and relax.

[@torarnemoxheim4756]

Will a small group of mba students from uni of mainz be able to visit your Frankfurt Conference in the end of november😀

[@conradlohutko4930]

Only because the FED is having its member banks short gold in the futures market to defend bond sales of Treasuries.

[@BigTomInTheBasement]

I'm ok with that. Stock up while you can

[@darrellcross4538]

👍

[@Sola_Scriptura_1.618]

When everyone is talking about buying Gold, that will be the time to buy physical assets. Fiat will be on its last legs.

[@user-zl7uf5ii1n]

Filling have in silver

[@paulwilson7622]

US debt $34,500,000,000,000.00 Divided by the 330m population. WTF!

[@Eric-is1jt]

If gold & silver keep jumping up you'll know inflation will be doing the same.

[@georgeboutwell6069]

Gold is correlated to 1)debt 2) fear 2)geopolitical 2)asset 2) commodities and futures of commodities 3) relationships of mining and gold

[@williambyfleet9573]

the other thing that is being underplayed is the phasing out of Cash ...Europe already bans cash payments over about 1000 USD ( 1000 Euros). When people in USA wake up to digital banking and restrictions on cash and then de banking ..they will freak. What are you going to do to transact ... its Gold coins or bitcoin?? or bartering.

[@elizabethmurray5718]

Credit cards and digital credit cards

[@ClockFixer]

As it's CRASHING.................

[@bdnevins]

Recession: "hours worked" is going up because people need to work 2 jobs to pay bills. Interview Karen Petrou on this. The income inequality is killing the country, along with medical costs.

[@edjoyce5716]

why is it down?

[@patrickruvolo8427]

You are kidding? From 350 to 2400...and thesis nothing on the charts but a blip.

[@wolfgangwust5883]

Healthy sell-off? Talking breath.

[@esioanniannaho5939]

Whacamole Tuesday am and Fridays when markets are closed and only boys active. Good way to get cheaper PM by ?? Crimex and Far East ????

[@esioanniannaho5939]

Sorry Bots

[@smity25ca]

The BoJ sold 38 billion in treasuries to support the Yen and inadvertently that increases the treasury yields marking the Dollar USD gain strength on paper which will push down the Yen even further 🤷🏻‍♂️ doom spiral

[@thefarmersdaughter8235]

They haven't pulled the ripcored.

[@ralphkoster2687]

Jubilee is the answer...the only answer

[@rich5310]

US WILL B DEFAULTED ON DEBT . WAKE UP.

[@gordongroves8519]

precious metals crash during depressions, unless it's an inflationary depression

[@martyvee1]

The only depression I’ve heard much about was in the 1930’s. That was a time when precious metals were “currency”, wasn’t it? This compares to current times, where all currencies are “fiat”. This depression could be very different, and precious metals could behave very differently perhaps…

[@walterschock1270]

!

[@JL-rd9bq]

Gold down $50 today...

[@kevinjoseph517]

hyperinflation

[@giddysmiles2901]

Millennials and GenZers consider gold an outdated relic. They put their faith into Bitcoin. Thinking Bitcoin means being able to buy several Lambos.

[@Sola_Scriptura_1.618]

Absolutely, Bitcoin will be able to buy many new Lambos --- NFT Lambos!

[@_m_K_.]

Bitcoin is the extension of the "irrational exuberance" that has taken over markets for 25 years. Before covid and meme stocks/ before the magnificent 7, speculators pumped and dumped countless IPOs, that were funded by angel funds that had billions of QE monopoly money to play with. After the unicorns with no viability for profit, and all the QE dried up, it became pumping select stocks. Bitcoin is the latest speculative bet. When you think about it, it has the same "benefits" as gold, but no security of being able to physically possess it and governments can outlaw or block network access to it.

[@martyvee1]

I already drive Lambos in my dreams, and spent no bitcoin to buy NFT Lambos!😂

[@mgray3130]

Reason: Panama Canal and shipping problem.

[@johne7799]

Why not peg the USD to gold ...... not a gold standard but a gold peg.

[@martyvee1]

You need physical gold to peg to… last audit was in the ‘50s, how much is left?

[@goldcic]

No taxes next year. Enough is enough. Unplug Klaus & his attempted coup.

[@JD-vd5nr]

The why and how but never the when...

[@staceylam762]

Silver is bad investment

[@martyvee1]

It has been a bad investment, but when sentiment gets really bad, sectors tend to turn and the gains can be huge.

[@ClockFixer]

F J B !!!!!!!!!!

[@flapoverspeed]

You kidding of course. Gold in freefall

[@supermash1]

This guy pumped Arizona Metals probably so he get a few points on it before selling it. Don't trust this guy.

[@alisra007]

👍