'The Coming Great Conflict': Civil War, Major Market Crash | Peter Grandich
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- čas přidán 31. 07. 2024
- Peter Grandich, Founder of Peter Grandich & Co., discusses his outlook on markets, political tensions in the U.S., commodities, and mining stocks.
Watch Peter's last interview with me: • 5 'Serious Issues' Tha...
Ray Dalio's "The Coming Great Conflict": time.com/6991271/civil-war-co...
*This video was recorded on July 8, 2024
Subscribe to my upcoming newsletter: davidlinreport.substack.com/
Listen on Spotify: open.spotify.com/show/510WZMF...
Listen on Apple Podcasts: podcasters.spotify.com/pod/sh...
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Peter Grandich & Co.: petergrandich.com/
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*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.
0:00 - Intro
1:50 - Market correction outlook
4:50 - Government bail outs
7:07 - Ray Dalio’s “The Coming Great Conflict”
14:11 - ‘Financial ark’
15:58 - Gold outlook
20:34 - Mining companies
22:05 - Uranium
24:10 - Copper
27:30 - How to pick junior miners
34:35 - Bonds and the economy
38:00 - Presidential election
41:27 - Dissolution of EU?
#economy #investing #stocks
Subscribe to my upcoming newsletter: davidlinreport.substack.com/
FOLLOW PETER GRANDICH:
Twitter (@PeterGrandich): twitter.com/PeterGrandich
Peter Grandich & Co.: petergrandich.com/
Government are criminals in all countries.There are the cause of all problems are grandfathers will be sick today
Got ride of the bots. Very cool. I enjoy reading the comment section.
3 years ago, I started investing with $3OOk, but I've only made about 6% total, or 2% per year, which my friends say is very low...... I also put $800k into a 4O1k with a financial advisor, and it's now worth about $1.2 million after 1O years. I think I need to revamp my portfolio. Any advice 0n what to do with my money would be greatly appreciated.
I don.t really know your risk tolerance or asset allocation, ---sounds like just bad stock picking. Also unclear if the advisor is providing any other value via financial planning or other decision making.--But likely scenario is just bad stock picks. Index funds, Etfs and chill.
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You should definitely fire your advisor! That's a bad financial advisor. Over 50 years of data reveal that those who work with fiduciary advisors typically earn more than those who go it alone. I've been fortunate to work with one for 6 years, resulting in a $3 million portfolio.;;;
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Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
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Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with 'GRISELDA ELENA JEMMOTT'------ for the last five years or so, and her returns have been pretty much amazing.
*Her name is. 'GRISELDA ELENA JEMMOTT’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.*
This was one of the best guests I’ve seen on any show. Respectful, thorough, and intelligent. I’ll be more than willing to listen to him when he speaks. Good show!
We need to take our anger and unhappiness and direct it at our Politicians and the global billionaires who are creating this global chaos. They are the enemy. Larry Fink, Bill Gates, Clintons, Obamas, etc.
Yes! Billionaires and politicians have got to go.
Sounds good.
How, exactly?
I get a feeling Peter is a very genuine guy with a big heart.
Lovely insight mate, different stock sectors are in a bubble. But the question is when, or if this bubble will pop. I'm curious for the safest means to make plus interest regardless of stock market trends?
Best not to speculate, Instead, look for pockets within sectors that can help you to balance both growth and value or sometimes it's even better you speak to someone more enlightened to understand options best meant for you, I did the same myself, it gave me more experience.
the market is a zero-sum game, two sides to it, Know what you are looking for.
my question is which stocks sectors should I consider adding to my fidelity.
Well said, right now you should focused on ai chips, as it will be hugely integral in the coming years. :)
Hey, appreciate the response mark. Would you be comfortable sharing more info with similar viewpoints. could really use it.
David... you ask deep questions which force intelligent answers instead yes/no canned answers.
This gives us much more to digest and really listen to the answers from your excellent guests.
Thank you ❤
Yes. The financial bankruptcy is just a symptom. The root of the problem is the moral bankruptcy.
Practical people fix the real thing, impractical people complain about the imaginary.
The moral bankruptcy is a symptom of financial WINDFALL by intensely dishonest, immoral people like yourself.
You're going to need a society that incentivizes and produces moral behavior. America is definitely the opposite of that. Notoriously so.
Americans are extremely individualistic, and do a very poor job of investing in future generations.
To say the society lost its when with regards to moral thought is an understatement at this point.
Go bang your fists on the table of the moneychangers, and see what happens to you.
You're a lost soul, and you need better self reflection on how we got here.
Wrong the problem is the Feat currency system Backed up by Nothing Gold or Silver. and central Banks allowed to print the paper we call. "". Money ""
@@rogerburn5132 Money is backed by labor.
It always has been
Everything else is a distraction.
We are in trillions of dollars in debt. Trillions. We cannot pay the current debt and we definitely can't add to it by trillions.
Peter is a good man and a good New Yorker. We need more of him.
Excellent interview! I don’t understand how you keep having these great people on, while so many other channels have such nonsense. Keep it up!
Your guest made many valid points. The two which stood out for me was the de-stabilization factor centered around politics and wealth and secondly the significance of Robert Kennedy in the election. Best if the country separate. Hope Mr. Kennedy does have a big influence on the election. Excellent shows.
So nice to see someone with the guts to claim the catholic Christian faith publicly. This guy is the genuine article. He has his faith but he is no one trick pony. He has the experience and financial chops and he reconciles them all. I do disagree on his wariness on the BRICS but he makes many valid points.
Yeah so brave to say your a Christian in America. That’s like saying it’s brave to have an American flag in the front of your house. I swear everyone wants to be a victim.
And he's the New Yorker Catholic that I used to know so many of. They are mostly gone now.
@@Eastbayrobboth true
@@Eastbayrobwell look at how you reacted… shows you that isn’t true across the entire country.
The 'secular reason' of the income inequality AND the Peter Grandich reason of moving away from our 'moral compass'...BINGO! Completely agree...thank you for such a great conversation. -Leslie
Know why a lot of people with cash won’t buy gold? No physical security in houses or among the family. Not just strangers are a problem, but they can’t trust those under their own roofs.
For me, Funds like CEF are a “good enough” proxy for gold. Also it’s so much more liquid when I need to sell. For me it’s a 95% solution.
CEF provides exposure to both Gold and Silver with a single purchase.
@@patpatpat999but the markets could tank overnight, when you want to sell you cannot until the loss is horrific…. The “small mom and pops”, I am one, don’t stand a chance of getting through to our broker to “sell” if the SHTF scenario is set in motion. The market would also be frozen. Tread carefully and be nimble!
You can’t buy more gold than you can hold, I can assure you. Sleep with it in your pockets if you have to, it’ll be worth it…
Not a knock on you either Tim, but gold is 80k a kilo. I know you got a nice suit on. The reason gold was money was because it’s one of the densest stores of wealth, gold and platinum historically have been able to represent the most wealth with the least amount of space and weight occupied for all of mankind’s history.
I totally agree with Peter, I'm 71 years old I believe in God family man and woman free market much smaller government, we drive a 24 year old truck and a 18 year old car no payments for over 12 years, we have invested in God's money we have zero debt also have 6 plus months of living expenses pay cash for everything we buy
David is one of the best interviewers on CZcams these days. Topical, best choice of subject matter specialists and so well structured. Thanks David.
During the Cold War, India was an ally to the USSR and Pakistan was allied to the United States.
So there has always been good relations between India and Russia.
Excellent interview and one of the best I have seen, Peter was awesome, would love to hear his views periodically!!
The power thing will go away, because AI will fail to find compelling applications and the bubble will burst.
Not until Biden drops out or loses
Clearly one of the best guests that appears on your show.
Well done!
Peter is such a class act. His core values match his approach to optimizing asset values.
Amazing demonstration of generational wisdom being passed down from "old" oak trees to "young" oak trees.
Currency debasement, situation will only worsen
Especially cdn
This guy is cool.
He's absolutely right about Europe. Only a blind person could not see it.
Great news really for sovereign nations. Less ability for the elites to control individual countries. Mice at a crossroads comes to mind.
Great interview David and a great guest! Regarding gold, I know that it will be around 1,000 years from now but doubt if cryptocurrencies will still be around. The Ray Dalio article sounds a bit like the what Neil Howe is predicting in his book "The Fourth Turning Is Here". You are a first class interviewer David !!!
9:45 I agree with Peter. We have lost our moral compass and the things that unite us as a society. You cannot even say "Merry Christmas" to people anymore. The U.S. is rejecting it's own history and heritage. Never should have happened! Would not surprise me at all if social unrest comes to pass in the U.S. We are already seeing a lot of unrest in France right now. What happens in Europe many times comes over to the U.S. We are both western civilizations after all and have that in common with each other, and our economies and cultures are intertwined to varying degrees.
IMO, the “War on XMAS” is mostly a figment of the creative minds of big media (especially FOX). I just dont see in my everyday life. I’m not Christian and I always say Merry XMAS, and they say it to me. I have absolutely no problem with it, or Happy Hanukkah, or Kwanza. It’s the thought that counts. They’re not stepping on my beliefs, nor me on theirs.
@@patpatpat999 you are gaslighting me. I'm not believing your bullsh*t. Go try your lies on someone else.
@@patpatpat999 stop with the lies. I'm not believing this malarkey. If you aren't seeing the cultural war against Christianity, then you haven't been paying attention. gtfo
@@patpatpat999 INCORRECT. If you don't see the destruction of our culture in the West, then we have nothing further to say to each other. But hey, nice attempt at gaslighting there bucko!
@@patpatpat999It's interesting that you Xed out the name of Christ when referring to Christmas. Maybe we should start calling it Xiantity.
Exactly ... you heard him folks 3 to 5 years out. I have been shorting into this blow off top. I don't care I am red. I look at it like a gift. Most folks think averaging in only works to the upside. It works for the downside too. The problem with this whole thesis is that there is a saying, "if you are early, you are wrong". But if we have a massive crash ... I think all said and done 86% crash ... there is some wiggle room.
Great interview 👍
Thank you David and Peter
Appreciate his perspective and humility
Joe Manchin for President would Unify the Country...
Can't understand how someone who claims to be a REAL CHRISTIAN can Support Advocate and VOTE for Donald Trump....
After all the Native Americans (left a few of us on Reservations) were killed by the BIBLE THUMPING CHRISTIANS--- I no longer can follow that path to RIGHTEOUSNESS
Yes when mankind loses himself, morality, respect and everything goes out the door has been common for every civilization fall, and we are there. Money will be no good to anyone, survival bush skills need to be learned, not financial. This is what Christ came here to say to survive we need love, its the way the universe survives and we cannot without it. The antichrist is really meaning the lack of love, and replaced by hate, dis respect, greed, etc
So true, i didn't get it until my mid 30s that buying materialistic things making us poor. 🤔 we no longer spend our money on unnecessary things.
bravo David , you made it up tonight ! This is a QUALITY guest A++++....please ,for god sake ,do NOT ever bring those MMT economists to your show ....they are destroying your beautiful platform .
Peter, hit the nail on the head when he spoke about the complacency with investors and financial experts. I’ve been SHOCKED by that as well! Keep the content coming!
Concerning the segment "The Great Coming Conflict": For me, it is not so much a class conflict as it is a profound loss of faith and confidence in our (US) major institutions which has driven most of the polarity we see today.
I think it’s both.
There won’t be an internal war in Europe whilst there are millions of immigrants to point the finger at.
We are already seeing politicians voted in on an anti Immigrant ticket Farage/Wilder/le pen.
What that means I don’t know, but I wouldn’t want to be an immigrant in Europe over the coming years and it can’t be good for a peaceful retirement!
I am in the middle and feel like I have no representation and no way to fix things. So we are packing up our bags and leaving the country to a new more stable, healthy and free country. While lots of people are coming to the US from the 3rd world to keep the population up, many of us who are educated and angry at the degrading society and the bifurcation of the rich and the destitute are fleeing the country for better nations. Eventually you will have a nation of powerful god/masters with money and tech and then the impoverished destitute a slave class forced to pay rent worth 2 weeks of household wages to keep them forever impoverished. Just keep telling the slaves the are just embarrassed millionaires and to keep working, Eventually they will get old and pass away on the job floor. Own nothing and be happy.
Whee are you going?
Just curious, where are you going so the rest of us can look into it?
Trump IS the middle. What radical hard right position does he have? None. Everything is common sense. Border patrol. Domestic energy production. Law and order. What actual policy of Trump's is not "in the middle".
I really like Peter’s easy manner and his thoughtful attitude, he’s definitely a highly intelligent person and well worth listening to.
Regards from Australia 🇦🇺
Excellent questions David, great job, you know your audience extremely well and ask right question at right time! thanks for your hard work and sharing!
Thanks David! Mr. Grandich always keeps it real.
Great interview. You got to have him back.😊
Very wise, balanced comments. Great interview! 👍
Thank you for creating a newsletter!!!!
Why?
@@simrans3675 Because I expect to get a summary of things I want to be aware of from a source I appreciate for its variety and relevance to issues I need more information on. Reading his future newsletter, combined with insights from other sources, could help me gain a better understanding of what might be happening in the world. This understanding can translate into action or inaction, but either way, I hope to feel less lost in the process.
The “Peter Grandich answer” is very true.
Speaking truth. Didn't stutter. Fluid. Interesting.
Thank you very much, Peter. (Much Appreciated).
Among the best sessions I've heard in quite some time.
btw...TOTALLY agree with Peter's gracious words re: our David Lin. Much gratitude for these continued gold-level programs....🙌🙏🙏🙏🌷🍃
Excellent interview!
Peter is spot on
Great Interview. Thanks David
Anyone know which Junior Miner that Peter owns? I can't find anything on my portforlio that's around $1.48.
It looks like Arizona Metals. Right?
Arizona Metals - yep
Excellent interview David
Each scary interview pushes equities higher & higher lol
Has nothing to do with interviews. It's all US Treasury
That was great , really enjoyed listening to your humble opinions
I love Peter, very wise indeed.
Great discussion! Thanks for all you do.
EXCELLENT GUESS!
There is always a reason to be afraid. Y2k, 9-11, Internet bubble pops, housing bubble pops, stocks crash. We've had it all and always overcome. It's never paid off to bet against America.
100% agree that the major threat is loss of moral compass. The legal profession seems to have lost its ethics especially. Lawfare to stop the other side by any means necessary. WE NEED A THIRD PARTY
Love this. Painting of last supper behind him, and small statue of the blessed mother, good Catholic man right there. He's right that we've lost our moral direction in this direction. I have 4 kids, two in college now and two in high school. All of them homeschooled because of the cesspool that has become the education system.
Result, kids with great moral character, no purple hair, piercings or body art. They're critical thinkers and see the clown show for what it is.
Yeah we're going to have our asses handed to us in the next few years.
There was this Swiss gentleman who perpetually predicted catastrophe, in actuality, listening to him and staying out was the catastrophe 😂. The media ignores him now...
Who?
Thanks， David and Peter!❤
Great interview, keep inviting intelligent, respectful guests like the one today, that can add value and help us your viewers keep our eyes open about what the future brings
Thank you both I would like to have heard some examples from Peter on how or where to preserve wealth? some suggestions?
Dalio and this guy are American treasures. Grandich makes his calls and observations from a neutral perspective and preaches common dignity and respect.
signed up to ur newsletter, thanks!
Thanks!
@@TheDavidLinReport of course
I feel, Peter is Awesome!!!
Many, many years of experience in the markets!
Good job, David. Just a solid interview
The show is brilliant and the speaker even better 😊
Bitcoin and gold... protect yourself..
Psh if what this guy says happens civil war etc. Guns, ammo, food, and water.
I think gold and BTC get crushed for 2 to 3 years once we start the crash. That is when you buy it not now.
Family value lost
Another great interview.
Peter the Great!! 🙏❣️🔥
Ray is saying that the likelihood of civil war now is greater than 50%. He goes into depth with his analysis.
Another excellent vid with David Lin
Very practical questions with a good understanding of the answers.
Keep them coming.
💥 GREAT INTERVIEW 💥
very good interview
Peter is The Boss
Too true, the European Union is on the way out, only Hungary, and Poland have secured their borders and are protecting their populations. Other countries are turning against the EU dictatorship, Holland, Finland, France, Italy and until recently UK. We have to protect ourselves. Great guest David, God bless us all.
very timely
You got Peter Griffin from New England
I love that this guy rocks Catholicism!
Have Peter Grandich on again soon!
LOVE AND CONCIOUSNESS IS KEY!
22:30 Thorium should be promoted, not uranium.
But....ya can't build bombs with thorium.
Ultimately my financial security boils down to the skills I have and my name.
Great interview David 👍🏼👍🏼
Please more!
Great Guest
Some v good comments from Mr Grandich
I value that he makes references to God. I agree that our problems cannot be fixed without this nation repenting of our gross excesses, greed, corruption, immorality, and selfishness. Once the devastation occurs, more people will turn to God. Happened in WWII. It will happen again in WWIII
Good interview
lets hope
Still consider just not having money at all. Still consider it at times. And more and more... everyday, it seems like it could actually work. I wouldn't know how to institute though. but this whole use of a currency, is kind of archaic at this point honestly.
Right on Peter!
Yes these are real issues staring us right in the face that are going to have serious consequences before years end.
What is a 10% correction if the market goes up 100% first.
How about 86%? That is what i think will happen.