HUGE Gold News Coming Out of BRICS! This Will Change Everything For Gold & Silver – Peter Grandich

HUGE Gold News Coming Out of BRICS! This Will Change Everything For Gold & Silver – Peter Grandich

there’s only three tier one investments
in the world stocks bonds and gold you
go to 99% of all investors in the US
including the visor a they’re shocked to
learn that gold is a tier one investment
too but they only really have one or two
of those three they don’t have all three
and yet they’re told that they really
are on par with each other because
they’re all tier one Investments bricks
are going to be an extremely formidable
foe to the United States if they’re not
already and they are part of the reason
why gold has performed in the Mana that
it has and the fact that physical
trading moved away from London and the
us where the paper Market artificially
suppressed it and kept not the real
valuations that should have been placed
on gold and now that ability to do that
is lesson over the past Century gold has
consistently been a beacon of potential
stability and a mirror reflecting global
economic fluctuations in value terms of
the US dollar the share of gold in the
total foreign exchange reserves
increased from about 7.9% as of early
April 2023 to about 8.41% as of early
April
2024 in this video the head of
investment strategy for a leading New
York Stock Exchange member firm Peter
grandich advises that gold is gaining
Tire one investment status worldwide
prompting us investors to consider
increasing their gold allocations in
their
portfolios at the Forefront of global
economic shifts stands the brics
alliance as Peter grandich asserts its
capacity to overhaul trade Dynamics
worldwide signaling a wake-up call for
Wall Street which may have
underestimated its impact the Dollar’s
dominance such as it is is breathtaking
according to data from the bank of
international settlements about 90% of
global transactions involve US Dollars
and 50% of all global trade is dollar
denominated the motives of brics
countries extend beyond anti-American
sentiment their efforts to reduce
Reliance on the US dollar also serve as
a form of Financial Risk Management
regarding the global gold market grandic
discusses the shift of physical gold
trading to Asia which he sees as a key
factor in redefining Gold’s valuation
and reducing the influence of wall
Street’s paper Market
manipulation highlighting another key
aspect grandich emphasizes China’s
strategic accumulation of gold as a step
towards solidifying its economic
leadership within the brics alliance to
diversify foreign exchange reserves and
reduced dependency on the US dollar
China has significantly decreased its
dollar Holdings since 201 11 this shift
towards gold aligns with the brics
nation’s objectives China stockpiled 225
tons of gold worth a staggering $ 13.2
billion last year the communist country
has been steadily accumulating gold
since 2022 and millions of precious
metals are purchased
monthly now we present the clips of
Peter Gran’s insights from his recent
interview with natural resource
stocks before we continue to delve into
this discussion please subscribe to our
Channel and activate the Bell icon for
timely updates they are I think they’re
one of the people behind it I think when
it’s all said and done one of the
biggest things Wall Street will have
missed uh because people assume their
sharp they always get everything ahead
of time and all that kind of stuff is
what is happening with the bricks and
what impact it will have uh to the
United States I have stated and I stated
it a couple years ago and believe every
month it gets more reasons to believe
it’s correct that when the bricks reach
whatever their Peak is or Crest what
they have done to World Trade will be
the same influence the Industrial
Revolution brought to World Trade and
what Americans don’t seem to understand
I think it’s because they’re not being
told is what whatever the or whoever
these countries are because right now
it’s kned oh they’re just a handful of
countries and oh yeah I heard there’s 40
more but whatever it is done that’s
business that used to be done with the
United States and won’t be they are
looking not to just partially deal with
us but not to deal with us at all and to
work with within themselves and also
eventually somehow not have to use our
Dollar in order to facilitate uh and do
their transactions among themselves all
of those are huge huge negatives to the
United States and part of the thing and
this is still up for debate but it’s
been something I’ve been clear about and
one of the reasons I’ve been so bullish
on gold is is that China and I think
they expect to be the not only the
economic leader of the world but
certainly the leader of or the main
person leading the Brick Nations uh has
been an enormous buyer because they
recognize that whatever happens sometime
in the future either the United States
will end being the reserve currency will
face a com competition or at the very
minimum the bricks themselves will have
gold in some way on transactions being
closed or at the end of the day like our
gold stand it used to be if one ends up
doing more trading with the other after
year they provide them with a certain
amount of gold and so forth but they
they want to have gold to be able to say
listen we’re not that paperless tiger
known as the US dollar which we
everybody’s lost so much money and we
have and part of it is and gold comes
out so answer your question the bricks
are going to be an extremely formidable
foe to the United States if they’re not
already and they are part of the reason
why gold has performed in the manner
that it has and the fact that physical
trading moved away from London in the US
where the paper Market artificially
suppressed it and kept not the real
valuations that should have been placed
on gold and now that ability to do that
is lessened just would tell you that I
don’t think they’ll be as formidable or
powerful as they once were but I do
think the movement of physical gold
trading to Asia was one of the biggest
keys for gold to finally start to be
more representative and to be priced in
in a better level than than it had been
and yet here in the US it’s still the
Rodney danger feel it gets no respect
Wall Street still treats it like
cryptonite but uh I can assure you that
outside of the United States
particularly Asia and even parts of
Europe and other areas people have made
gold part of their portfolio you know
it’s an amazing you know still a little
bit in the financial service business
and the fact that I’m part of a planing
group but there’s only three tier one
investments in the world stocks bonds
and gold you go to 99% of all investors
in the US including the visor a they’re
shocked to learn that gold is a tier one
investment too but they only really have
one or two of those three they don’t
have all three and yet they’re told that
they really are on par with each other
because they’re all tier one investment
so it it it it’s been good to see it’s
been finally been good to be validated
especially when in 21 I predicted that
go would outperform stocks and bonds for
the next few years and people even my
wife thought I was crazy so the bottom
line is I think the bricks are something
that if you don’t know about it and I
don’t mean you your voice but I think
most of America that don’t they’re going
to learn the hard way of how the bricks
are going to come on the world stage in
grich’s view mining shares despite their
prolonged undervaluation might not be
heavily affected by a correction while
cautioning against hoping for a stock
market crash he foresees robust
performance from mining shares
presenting better returns than physical
medals in today’s market gold prices are
14 % higher for the year and that should
be able to push up gold miners though
that hasn’t necessarily been the case
however less inflationary pressures on
the horizon could eventually push miners
higher thereby increasing trade
opportunities furthermore the big
players in the gold mining industry are
starting to show signs of strength for
example Newmont and baric are seeing
strength in a relatively slow start to
the second quarter for the broader stock
market notably grandit observes
encouraging Trends in Gold Silver and
copper markets
underlining their significance due to
persistent Global demand for Metals
while acknowledging his tendency to be
early in his predictions he remains
optimistic about Metal prospects
especially foreseeing opportunities
within evolving Industries like electric
vehicles let’s get back to the interview
if a correction started tomorrow many
words we open up Monday and gold decides
to correct a hundred or even $200 I
don’t think the shares are going to go
straight up they may not go down as much
or go down at all because they’re so
washed out only other thing that can
keep them from moving fairly nicely up
say over days or weeks is that we get a
fairly sharp and quick correction which
is still not certain is going to happen
but I do think they’ve been washed out
for so long Andy over so long of a
period of time doesn’t matter which ones
you looked at basically anybody that’s
left holding them like me after two
years they’re not stuck at much higher
prices the wash out has really brought
the averages down so any Return Of
Interest this is the one caveat also
don’t root for a stock market crash we
want things to roll over we don’t want
money just like if I’m not a fan of
Bitcoin I don’t want it to blow up and
be 10,000 tomorrow I wouldn’t mind if it
took two years to go back to 10,000 and
people recognize what it really is and
flow that money to Metals but I think
the stage is at least set for the metals
now the mining shares to do what we used
to say on the speaking C and we were
proven wrong we all used to say even
some of the guys and GS that are still
out there we would say this years ago
owning mining shares is just like owning
gold that proved very wrong the last
couple years but I do think from this
point on The Leverage or an opportunity
to make larger percentage GS will come
from the shares not the physical medals
I think I was able to show my entire
record for 40 years it’s been one of
pretty pretty one to be proud of think
that was just a blemish two years ago
grow to a huge growth on the side of my
face because much as I was right about
gold as much as I was right about
getting out of bonds and all that stuff
I also got very involved in mining and
Junior stocks and a year ago when they
had already fallen about half of what
they ended up falling back up the truck
they can’t possibly go lower well they
did and even at the end of this year I
said it’s no way they can go any lower
certainly we began the year again
picking up where we left off but and
hopefully this is a correct but we now
started to see a couple of real good
signs first the fact that the metals and
gold and silver and even copper now are
just so so strong and this is important
because some people will say well maybe
they buggy whips maybe their time has
passed somehow because think back if you
invested in buggy whips up through 1900
as each year went by less and less and
before you know it you’re out of
business the difference on this end is
not only is the world need medals it
needs medals more than any other time
that it needed it and a lot of years
have not been spent looking for it it’s
become much harder to find grades have
shrunk the areas in the world we can go
with complete safety have greatly shrunk
and so there should be a need for them
even if we’re too early if there was
anything said about grandit over the
years it was that comes from a mentor of
mine who taught me years ago Pete be two
years too early just don’t be a day late
so I think part of the turn is the fact
that we’re recognizing now how much
medal is needed you know people say well
isn’t this EV story kind of dying you
know people are in C factors are backing
away yeah it’s probably dying from what
people were predicting two years ago but
it’s still moving forward and it’s still
going to be significance in recent years
the yellow metal has demonstrated
resilience in the face of global
economic challenges including
inflationary pressures and currency
fluctuations the accumulation of gold by
various central banks most notably The
People’s Bank of China further supports
its appreciation in 2024 how do you plan
to adjust your investment strategy
considering the changing roles of gold
the US dollar and the bricks Alliance in
the global economy drop your thoughts in
the comment section below if you find
this video informative don’t forget to
support our Channel and turn on
notifications to stay informed about our
latest videos see you in the next video

HUGE Gold News Coming Out of BRICS! This Will Change Everything For Gold & Silver – Peter Grandich

Over the past century, gold has consistently been a beacon of potential stability and a mirror reflecting global economic fluctuations. In value terms of the US dollar, the share of gold in the total foreign exchange reserves increased from about 7.9% as of early April 2023 to about 8.41% as of early April 2024.
In this video, the Head of Investment Strategy for a leading New York Stock Exchange-member firm, Peter Grandich, advises that gold is gaining tier-one investment status worldwide, prompting US investors to consider increasing their gold allocations in their portfolios. At the forefront of global economic shifts stands the BRICS alliance, as Peter Grandich asserts its capacity to overhaul trade dynamics worldwide, signaling a wake-up call for Wall Street, which may have underestimated its impact. The Dollar’s dominance, such as it is, is breathtaking. According to data from The Bank of International Settlements, about 90% of global transactions involve US Dollars, and 50% of all global trade is Dollar-denominated. The motives of BRICS countries extend beyond anti-American sentiment; their efforts to reduce reliance on the US Dollar also serve as a form of financial risk management.
Regarding the global gold market, Grandich discusses the shift of physical gold trading to Asia, which he sees as a key factor in redefining gold’s valuation and reducing the influence of Wall Street’s paper market manipulation. Highlighting another key aspect, Grandich emphasizes China’s strategic accumulation of gold as a step toward solidifying its economic leadership within the BRICS alliance. To diversify foreign exchange reserves and reduce dependency on the US dollar, China has significantly decreased its dollar holdings since 2011. This shift towards gold aligns with the BRICS nations’ objectives.
China stockpiled 225 tonnes of gold worth a staggering 13.2 billion dollars last year. The Communist country has been steadily accumulating gold since 2022, and millions of precious metals are purchased monthly.
In Grandich’s view, mining shares, despite their prolonged undervaluation, might not be heavily affected by a correction. While cautioning against hoping for a stock market crash, he foresees robust performance for mining shares, presenting better returns than physical metals in today’s market. Gold prices are 14% higher for the year, and that should be able to push up gold miners, though that hasn’t necessarily been the case. However, less inflationary pressures on the horizon could eventually push miners higher, thereby increasing trade opportunities. Furthermore, the big players in the gold mining industry are starting to show signs of strength. For example, Newmont and Barrick are seeing strength in a relatively slow start to the second quarter for the broader stock market.
Notably, Grandich observes encouraging trends in gold, silver, and copper markets, underlining their significance due to persistent global demand for metals. While acknowledging his tendency to be early in his predictions, he remains optimistic about metal prospects, especially foreseeing opportunities within evolving industries like electric vehicles.

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