$3000 Gold & $50 Silver! BRICS Are About to Change Gold & Silver Prices FOREVER – Peter Grandich

$3000 Gold & $50 Silver! BRICS Are About to Change Gold & Silver Prices FOREVER – Peter Grandich

gold and silver belong on the same level now and the both I think my feeling on this is we’ve been halfway through this move there’s another half to go it’s probably not as straight up but the next big push is going to come when that news breaks and people realize what the bricks are doing with gold and that’s going to where we get that clear break well above 2500 on its way to 3,000 and silver you know $35 $40 heading towards 50 getting paid the next few days or a few weeks until we have this fall meeting yeah we could flounder either side of a couple dollars on Silver and $100 or so on gold but they still have substantial upside potential according to precious metal strategists at mkss pamp based on historical Trends and regular seasonal performance precious metals may be significantly underpriced in the second half of the year in their precious metals seasonal report released on July 3rd the company’s strategists emphasized the importance of a nuanced understanding of seasonal trends for Metals investors they noted that on average the second half performances of Gold Silver Platinum Palladium and copper tend to be more bullish than those in the first half of the Year Peter grandich the former head of investment strategy for a leading New York Stock Exchange predicts that bricks actions will drive gold and silver with a strong long-term Outlook based on his analysis grandic States the fundamental argument for silver has dramatically improved due to increased industrial usage and a bullish supply and demand scenario he expresses that silver should be considered equally alongside gold industrial demand for silver set a record of 64.4 million ounces in 2023 and it is expected to hit new highs this year according to the silver Institute ongoing structural gains from Green economy applications underpinned this surge in silver demand despite the current market scenario grwi is surprised that many people are unaware that gold has outperformed stocks since the start of the New Millennium regarding the current state of mining shares grandic mentions that the idea that owning mining shares is like owning gold is no longer true he predicts that mining companies will face increased challenges in reaching investors and operating in various regions making it harder to achieve significant gains since 1968 the historical Trend shows that gold mining stocks have continuously declined relative to gold bullion marking a persistent downward Trend spanning 55 years in counting now we present the clips of Peter grich’s insights from his recent interview with Kinesis money before we continue to delve into this discussion please subscribe to our Channel and activate the Bell icon for timely updates I last spoke at shows I used to get the IR of silver investors because I’d always say silver was the kissing cousin the gold and that I would always own more gold than I would own silver but what I’ve said of late to people is the fundamental argument for silver has changed dramatically for the better there is so much more industrial usage for it and the known supply and demand scenario has turned extremely bullish for it so I believe you should be equal weight in it but let me also point this to you if you went out and pulled a hundred American Financial Advisors now in any part of our country and said since the New Millennium started what has performed better stocks bonds and gold they’d all say stocks they’ll say Bond second and then gold and then when you show them that gold is outperformed even the stock market for almost 25 years they scratch their head and go I didn’t know that and yet so few people have that exposure to it so I think an equal breakdown in it is worthy of it I do think that there tends to be a tendency among individual investors to take uh quantity over so-called quality in a sense that they like to have 10 ,000 shares of a dollar stock versus a th shares of a $10 stock even though it’s the same amount of money but I really believe gold and silver belong on the same level now and the both I think my feeling on this is we’ve been halfway through this move there’s another half to go it’s probably not as straight up but the next big push is going to come when that news breaks and people realize what the bricks are doing with gold and that’s going to where we get that clear break well well above 2500 on its way to 3,000 and silver you know $35 $40 heading towards 50 getting past the next few days or a few weeks until we have this fall meeting yeah we could know flounder either side of a couple dollars on Silver and $100 or so on gold but they still have substantial upside potential and again the worst case scenario is is to buy it and hope it doesn’t go up because most people steal assets are based in financial assets not hard assets one of the sayings a lot of us that were involved with shares 102 30 years ago used to say can no longer be said at a gold show we used to say owning mining shares is just like owning gold that statement is no longer true because nothing has been further from the truth the last couple years while gold rose steadily from 12 1300 through 1600 to 2,000 all the way most recently to the highs mining shares on average went substantially the other way and the lower you went in the food chain down to the more riskier expiration the bigger the losses were it’s still unfathomable for me somebody that’s been doing this for 40 plus years to somebody would have said to me if you would have sent me back at the 2011 London hey Pete I was in a future 2024 Gold’s 2450 silver around 30 Copper’s above $4 I would say man my mining shares I must have made a killing well the only person that’s been killed so far is my portfolio it’s just it it’s it is explainable but it’s still unbelievable let me go quickly through the first biggest change is the type of people who used to buy those type of stocks has dissipated or disappeared for instance all around the world didn’t matter whether it was in Europe Asia North America there were Brokers we would call Brokers then then became financial advisers who built books of businesses of buying and selling these type of companies and we would have dozens of clients if not hundreds of clients so if a mining company or Junior Resource company got Peter grandich interested they got my book of business well those people are gone almost no one does business anymore on pure commission based business you can buy stocks for for nothing why pay somebody a couple hundred dollars for something you can get for nothing so that end user who I’ll argue there’s not as many people today buying those type of stocks as they were 10 years ago because oneing crypto has done stole the junior resource Market’s lunch in terms of potential investors now that mining company or junior he has to try to reach those end users almost on a Case by case basis so it’s far more difficult from a marketing standpoint the second problem is it’s not easy to go anywhere in the world anymore Andy and simply go like this to a country on a globe and go yeah we can go there that’s changed dramatically for mining companies there’s very few places most will tell you private at least that they feel comfortable to sink a couple billion dollars during the interview Peter grandic highlighted the pressing issue of mounting debt and deficits which pose a looming threat to the US’s ability to sustain its financial responsibilities soon debt burdens have grown so large in part because of the cost of the pandemic that they now pose a growing threat to living standards even in Rich economies including the United States according to a recent report released by the US Congressional budget office CBO the US publicly held debt to GDP ratio is projected to Surge from 97% in 2023 to 107% by the end of 20129 exceeding the historical Peak just after World War II highlighting the brics nation’s influence grandich underscores their Collective economic actions as pivotal in reshaping Global Financial Dynamics he cautions that neglecting issues like mounting debt retirement crises and governmental policies could lead to substantial economic misunderstanding standings particularly regarding the escalating influence of the bricks countries on international trade and finance let’s get back to the interview I read recently when you wrote about that and that was so intriguing because I’m a big believer in the bricks I believe in fact let me take a step back and he just put so I believe there’s five key factors for Americans As Americans I can’t speak for Europeans but as Americans they should build what I call a financial AR that’s what I started stated in March one we all know about we can talk about to the cows come home the debt and deficits that’s we’re going to get to a point soon we’re going to have problem paying just the interest second in America we have a huge reti and aging crisis third and it’s around the world you got it too we have an immigration Invasion and there are Economic Consequences that people don’t understand I’m going to skip to the fifth one we also have here in America political paralysis we have two parties that can no longer work together be in the same room and each has a splintering within their group moving in the opposite direction of the main middle ground but the fourth reason I’ve told people and I’ve said it’s the most overlooked economic decision that Wall Street has messed up on probably in in in modern times will be the misunderstanding and not appreciating what is happening with the Brick Nations you and I exchange that stuff so we know each of us been speaking about that it is unbelievable to talk I gave a talk recently to some young advisers and I said to them let me ask you something if e of it only ends up 20 or 30 countries that’s 20 and 30 countries that used to deal with the United States in a big way and now won’t be how’s that beneficial to the United States how does the bricks benefit the United States it does is so negative again you being ahead of the time like you were about the manipulation I absolutely agree with you I I don’t have the context you have but it’s important when people like you talk about it because I know you do there’s no question that this big movement in Gold that occurred in my mind Andy and I know I’m singing to the choir but even if I was being on national TV I’d say the same thing right now happened not for a trade not for speculation but because people believe an alternative is going to be necessary even on just on a regional basis to start and eventually because people are just going to see that trusting paper is a loss cause when everything goes to hell and hand basket in the United States and where is it going to be used it’s going to be used by the groups in the Bricks now how they exactly use it that’s your area of expertise and I always bow to people that I know that are smarter than me and you are but I’ll just tell you this you’re absolutely right and I think it’s going to be a shock to people and most people on Wall Street can barely barely spell bricks they have no concept of what has been transpiring how they’ve already been like you said testing trading forming a associations look again here in our media no one made anything about how the sorties has just said you know what I think we’re basically done just with dollars I think we’re willing to sell to whatever we want and by the way we’re also interested in joining the bricks as well it’s just it’s a phenomena that doesn’t shock me because I’ll say this Andy and then I’ll shut out you can toss most financial advisors off the top of the Empire State Building and all the way down they’ll all say the same thing hey so far so good wall stre Street has this horrific habit of always seeing the cup half full it doesn’t pay to see it half empty the world bank’s forcast for precious metals prices in 2025 suggests they will stay high but despite recent declines Wall Street Pros remain focused on the long-term story in Commodities telling Yahoo finance that the fundamentals are still strong and they’re confident the record setting rally will resume how do you see the evolving geopolitical and economic landscape influencing the future prices of gold and silver 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

$3000 Gold & $50 Silver! BRICS Are About to Change Gold & Silver Prices FOREVER – Peter Grandich

According to precious metals strategists at MKS PAMP, based on historical trends and regular seasonal performance, precious metals may be significantly underpriced in the second half of the year.
In their Precious Metals Seasonal Report released on July 3, the company’s strategists emphasized the importance of a nuanced understanding of seasonal trends for metals investors. They noted that, on average, the second-half performances of Gold, Silver, Platinum, Palladium, and Copper tend to be more bullish than those in the first half of the year.
Peter Grandich, the former Head of Investment Strategy for a leading New York Stock Exchange, predicts that BRICS actions will drive gold and silver with a strong long-term outlook. Based on his analysis, Grandich states the fundamental argument for silver has dramatically improved due to increased industrial usage and a bullish supply and demand scenario. He expresses that silver should be considered equally alongside gold. Industrial demand for silver set a record of 654.4 million ounces in 2023, and it is expected to hit new highs this year. According to the Silver Institute, ongoing structural gains from green economy applications underpinned this surge in silver demand.
Despite the current market scenario, Grandich is surprised that many people are unaware that gold has outperformed stocks since the start of the new millennium.
Regarding the current state of mining shares, Grandich mentions that the idea that owning mining shares is like owning gold is no longer true. He predicts that mining companies will face increased challenges in reaching investors and operating in various regions, making it harder to achieve significant gains. Since 1968, the historical trend shows that gold mining stocks have continuously declined relative to gold bullion, marking a persistent downward trend spanning 55 years and counting.
During the interview, Peter Grandich highlighted the pressing issue of mounting debt and deficits, which pose a looming threat to the US’s ability to sustain its financial responsibilities soon. Debt burdens have grown so large, in part because of the cost of the pandemic, that they now pose a growing threat to living standards even in rich economies, including the United States.
According to a recent report released by the US Congressional Budget Office (CBO), the US publicly held debt to GDP ratio is projected to surge from 97 percent in 2023 to 107 percent by the end of 2029, exceeding the historical peak just after World War II.
Highlighting the BRICS nations’ influence, Grandich underscores their collective economic actions as pivotal in reshaping global financial dynamics. He cautions that neglecting issues like mounting debt, retirement crises, and governmental policies could lead to substantial economic misunderstandings, particularly regarding the escalating influence of the BRICS countries on international trade and finance.

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