Brace for perfect storm: ‘Stock market will be brought down to reality’ - Peter Grandich

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  • Опубликовано: 14 окт 2024

Комментарии • 686

  • @kitco
    @kitco  3 года назад +67

    The other Kitco interview that Peter referred to at 13:35 is with David Garofalo, former CEO of Goldcorp: ruclips.net/video/GHXzx2Fd4LE/видео.html

    • @janman0405
      @janman0405 3 года назад +1

      Thank you!

    • @tinanguyen3070
      @tinanguyen3070 3 года назад

      Alright I'll watch the video. Thanks😊

    • @p.c.h.6721
      @p.c.h.6721 3 года назад

      Thanks a lot, I wanted to see that interview, great job, best business channel 👍

    • @RyanHoguePassiveIncome
      @RyanHoguePassiveIncome 3 года назад +2

      You da MVP

    • @ckparam
      @ckparam 3 года назад

      David, appreciate if you flash the companies, symbols the guest talks about in the background so we know which ones. Often they slip thru quickly. Thank you for amazing interviews, a great fan of you.

  • @captainobvious9209
    @captainobvious9209 3 года назад +135

    I think I learn as much from David Lin’s questions as I do from his guests’ answers. Other interviewers often try to show how smart they are by answering their own questions. He drops the intellectual bomb, and then gets himself out of the way and lets the guests answer. He’s the best.

    • @adamz707
      @adamz707 3 года назад +7

      David has stepped it up a notch 👍

    • @keepitreal2044
      @keepitreal2044 3 года назад +2

      You guys getting a little bit over your training with the political opinion view. May best stick to the metals. I shouldn't have to remind you that the MSM was Never authorized to appoint our President .

    • @abuwarith1
      @abuwarith1 3 года назад

      No he sets him up with loaded quests

    • @handofgod9386
      @handofgod9386 3 года назад

      @@keepitreal2044 Biden is your president.

    • @Ed_Mann
      @Ed_Mann 3 года назад

      Agreed

  • @johnnydub237
    @johnnydub237 3 года назад +106

    100% the host - David Lin - is an absolutely top notch interviewer.

    • @steventesla1073
      @steventesla1073 3 года назад +7

      He lets his guests speak without needless interruption . He’s A natural. IMHO

    • @RoleyChiu
      @RoleyChiu 3 года назад +5

      This guy is fair, attentive, balanced, informed, prepared, doesn't overly editorialize, sticks to facts, doesn't overpower the guest, segways nicely, man this guy is the real deal.

    • @steventesla1073
      @steventesla1073 3 года назад

      @@RoleyChiu well said Roley

    • @BonafideDG
      @BonafideDG 3 года назад

      Agree to disagree

  • @vincentmurphy9252
    @vincentmurphy9252 3 года назад +43

    Love a guy who sticks to his beliefs !

    • @bondgirl9831
      @bondgirl9831 3 года назад +2

      👏👏👏

    • @handofgod9386
      @handofgod9386 3 года назад +1

      Why?

    • @roadrunner9622
      @roadrunner9622 3 года назад +2

      @@handofgod9386 - Because too many people go with whatever is fashionable and what they're told to by the crowd.

    • @First4America
      @First4America 3 года назад

      Beliefs are important, but having an open mind is more important!

  • @tomjones2348
    @tomjones2348 3 года назад +20

    I'm very impressed with David's interviewing skills. He does his homework, asks intelligent questions.

  • @gfcardi
    @gfcardi 3 года назад +18

    Lol, “the ‘don’t worry be happy’ crowd.” This guy is awesome, he actually made a business decision based on his beliefs and ethics. Wow!
    Invite him back, David!

    • @jamescorcoran5861
      @jamescorcoran5861 3 года назад +4

      few men inbusiness have the basic integrity and morality he does. boycott NFL/NBA

  • @micealmacadaim6550
    @micealmacadaim6550 3 года назад +7

    A man who stood his ground on principle, good man!!

  • @mariarivero9567
    @mariarivero9567 3 года назад +12

    Great guest and great interview David! Thanks!!!

  • @janman0405
    @janman0405 3 года назад +7

    Thank you David and especially Peter. Peter thank you for your Christian comments, we need more people like you speaking and advising for Christian investors like myself.

  • @davidmontandon3544
    @davidmontandon3544 3 года назад +10

    Excellent, EXCELLENT interview, thank you gentlemen 🙏!

  • @chriss4567
    @chriss4567 3 года назад +5

    Everyone has really been so high on David!! And rightfully so!! Every interview he does he is just so on point!! I literally dnt miss Kitco interview!! Absolutely amazing job David!!!

  • @0atmmc953
    @0atmmc953 3 года назад +16

    David you are a great at this

  • @martineheys9626
    @martineheys9626 3 года назад +36

    The stock market is a device for transferring money from the impatient to the patient so always expect rises and falls, most either on short or long term basis. Although the market is kind of shady these days but don't be an emotional investor and avoid Speculation as it's most dangerous when it looks easiest
    . The time to get interested is when no one else is, you can't buy what is popular and do well
    , so i advice you get the best from an experienced stock analyst / financial advisor. It’s the only way to ensure that you can make sound investment decisions and amazing results.

    • @gregalbert1588
      @gregalbert1588 3 года назад

      Data driven analysis is both scarce and highly valuable.
      Most investors have made more success investing with guidance. Their experience, expertise and mentorship cannot be underestimated though.

    • @nicomorales244
      @nicomorales244 3 года назад +2

      Picking the best stocks now require a lot of factors and seems daunting "especially for beginners. From my own point of view, you need to invest smartly if you need a good life, I made over $120,000 from my diversified portfolio strategy with the help of my investment advisor and I believe anyone can do it if you have this strategies. Mutual funds takes long time but investing smartly is the key for short term.

    • @soniaorea2733
      @soniaorea2733 3 года назад

      @@nicomorales244 That’s impressive ! I could use some help over here too. My stock picks have been depressingly bad so any recommendations would be helpful. THANK YOU

    • @rodrisanchez1734
      @rodrisanchez1734 3 года назад +1

      Risk comes from not knowing what you're doing. and most people really don't

    • @andino1266
      @andino1266 3 года назад

      In recent weeks, the market has been unpredictable, getting an expertise stock analysis will go a long way

  • @e.manuel
    @e.manuel 3 года назад +9

    Its true what most say, David is a one of the greatest at this kind of job!

  • @StuUngar
    @StuUngar 3 года назад +21

    “Snap back to reality. Oop there goes gravity.”

  • @mryeo8176
    @mryeo8176 3 года назад +1

    It's been said before, I'll echo it again here : David is totally killing it. It's as if he's telepathically connected to the audience and asking his guests questions that the audience wants to ask. And does so by articulating the main point intelligently and succinctly. Then he bats it to his guest much like a crescendoing Nadal vs Federer volley. The best part is...he gives the guest a chance to speak his/ her opinion without cutting in. Too many interviewers (esp mainstream media news anchors) out there don't get that : They like the sound of their own voice way too much. Keep it up David. You are orders of magnitude above many of your veteran peers!

  • @ObadiahTeleo
    @ObadiahTeleo 3 года назад +1

    Great interview. Thank you, Peter, for the tremendous example of integrity you have set. It is precious to see. You, sir, are storing up eternal treasures for yourself.

  • @johnwinchester2428
    @johnwinchester2428 3 года назад +25

    Markets heading into Parabolic move!

  • @AllNighterHeider
    @AllNighterHeider 3 года назад +3

    God Bless you Peter!!! Way to employ your integrity and invest in the big picture by cutting your biz with people that degrade this country.

  • @ravenassociateslawyers
    @ravenassociateslawyers 3 года назад +2

    Excellent interview David. Your questions and approach to all your interviewees is to be commended. Love your work.

  • @tortoise62
    @tortoise62 3 года назад +28

    i keep hearing people drop “president harris” - too many times to be considered slips.

    • @MyTube4Utoo
      @MyTube4Utoo 3 года назад +9

      @Fred Fischer *VERY* scary!!

    • @havenhurstgroup
      @havenhurstgroup 3 года назад +16

      Correct, this is a coup. Silicon Valley/MSM media censorship and mail in ballot fraud sealed the deal.

    • @ironking76
      @ironking76 3 года назад +6

      All you have to do is watch Biden trying to put a sentence together. What we know about Harris is scary. When things fall apart people will turn on them.

    • @steverosenberg745
      @steverosenberg745 3 года назад

      @@ironking76 Interestingly Pelosi also has some trouble, however her thought process continues as intended whereby Biden's sometimes waivers a bit.

    • @handofgod9386
      @handofgod9386 3 года назад +1

      You can polish a turd orange but it will still be just a turd. Flush the floaters!

  • @lorimcclellan4352
    @lorimcclellan4352 3 года назад

    Peter Grandich, good for you! You are truly a man with a backbone, one that does not put money over your moral life. If only more people were courageous enough to do that, this country would be a much better place to live.

  • @pierosanna8680
    @pierosanna8680 3 года назад +3

    Another great interview. Keep 'em coming!

  • @mickeydrago9401
    @mickeydrago9401 3 года назад +42

    The only time the Schiller PE ratio has been higher was right before the tech wreck... Next highest would be the 29 crash...

    • @biplav32
      @biplav32 3 года назад +7

      Did they have 0% interest back then? Unlimited money printing?

    • @red149
      @red149 3 года назад +3

      @@biplav32 exactly. I can't say it will crash or not but it definitely won't crash because of PE ratio or Buffet ratio.
      I made a huge mistake of staying on the sideline last march and April because I thought market was still overpriced ! these ratios should be viewed in the context. when you have almost 0% interest , a much higher PE ratio can easily be justified.

    • @__-pl3jg
      @__-pl3jg 3 года назад +4

      @@red149 - Just because interest rates are low doesnt mean they're at "0" just yet. They can absolutely go to zero and negative. The commercial banks are deliberately not lending into the broad market. Its clearly their intention to crash the stock market again. So really its a race at this point...Which will happen first...1.) Stocks fall and bonds rise which washes out all the bond shorts (pension funds/401ks). In this scenario the banks get to live another day. 2.) The FED institutes digital dollar quickly and becomes strong competition to commercial banks. They also raise interest rates which effectively bankrupt many banks.
      Personally I think the commercial banks will survive longer than hedge fund managers. They have more connections to the FED that will ensure they are on the correct side of this bond trade. Bonds WILL rise along with USD strength. Which means stocks will fall at the same time. It will be another fire sale for all risk assets!

    • @TheCJUN
      @TheCJUN 3 года назад +2

      Same goes for the 'Buffet indicator'.

    • @red149
      @red149 3 года назад

      @@__-pl3jg I am not an expert but I don't think FED can raise the interest rate. most of the companies and individuals are on such a high leverage that raising the interests will bankrupt them.
      personally I think the economy ( not stock market) is in a terrible shape but governments will continue printing until they can't anymore but it can go on for a long time.
      stuff like PE ratio or buffet ration all make sense in an environment with sound money that cannot be manipulated by FED or government. I think Bitcoin concept is right there but not sure it gets to the point that is accepted as the base for a global currency

  • @vonfauthconsulting6695
    @vonfauthconsulting6695 3 года назад

    Thank you for being principled and standing for faith. We all need to hang together or surely hang alone.

  • @michaelreilly3100
    @michaelreilly3100 3 года назад +16

    Storm is here. We just haven’t figured it out yet

    • @lovelight5714
      @lovelight5714 3 года назад +1

      Are you talking about H-level arrest Or stock market ?

    • @stefs1155
      @stefs1155 3 года назад +1

      @@lovelight5714 I’m saying high level arrests. Be prepared

  • @carusosiza154
    @carusosiza154 3 года назад +3

    Killing it David!

  • @grantshuttleworth433
    @grantshuttleworth433 3 года назад +1

    Excellent interview - again!

  • @paulmendes7997
    @paulmendes7997 3 года назад +1

    Peter has great values. Thank you for this interview.

  • @themoon8487
    @themoon8487 3 года назад

    Thanks Miss Katie . I have picked up different books over the year only to find them utterly confusing. I wanted to give it one more shot and stumbled upon your tutorial. I sat through the full session, pausing and rewinding here and there to reinforce some concepts and at the end of it, I came out with a feeling of “this is doable”. Most grateful!

  • @GD-gn3cf
    @GD-gn3cf 3 года назад

    Peter is the most honest person still taking about the market and stock, keep it up Peter.

  • @brianponcelet3529
    @brianponcelet3529 3 года назад +3

    An enjoyable show. Lots of different perspectives.

  • @kittyvontrap6008
    @kittyvontrap6008 3 года назад +1

    It's awful. I live downtown in a major metropolitan city of millions and I've never seen anything like this. Whole street corners with for lease signs, homeless tents in every park, renters leaving the downtown core in droves. My landlord reduced my rent and I didn't even ask. I'm lucky enough to still have a job and pay rent. I guess she wanted to keep me happy because she was scared I would find a cheaper place and she wouldn’t be able to find a new tenant. On a personal note, I know of two failed marriages and one suicide. I can tell most people are dealing with some sort of low level depression and the brutal winter months are ahead. I don't see how we can recover from this and 2021 will probably be worse.

  • @boblevey
    @boblevey 3 года назад +5

    God Bless you for making a hard decision.

  • @LonelyPianist
    @LonelyPianist 3 года назад +15

    never been this early to a video of such quality

  • @climbaron3798
    @climbaron3798 3 года назад +15

    Buying stocks does not ensure profit always for you, the market price determines your profit, folks need to stop measuring profit depending on the market price, glad I chose to trade and found out about Denis’s strategy

    • @bitjark6539
      @bitjark6539 3 года назад

      95% of Stock and forex Trader's fail- why? Because they give up, it takes time and lots of Trading experience to become a profitable trader, An alternative or my advice is seek guidance from some pro trader's to avoid lose of funds and account blown.

    • @tommx4531
      @tommx4531 3 года назад

      I agree with you Indeed Denis Mark is one of the best traders in the world, I have made so much profits from trading with his recommended strategy and now I have recently made over $28k

    • @thomasmorris1259
      @thomasmorris1259 3 года назад

      What a coincidence , i also work with him ..Denis Mark gave me everything I needed and the perfect basis to begin trading. I value his stand on minimizing risk because this is something I haven't seen on other website and tutorials. greetings from the UK

    • @bobbybilly7076
      @bobbybilly7076 3 года назад

      I’ve been searching for such trading assistance as my job takes most of my time leaving me with little chance to focus on trading. How do I get acquainted with him?

    • @taylorhpr7830
      @taylorhpr7830 3 года назад

      Coming across him has been productive, I invested $5000 and cashed out $14,000 in just 2 weeks.

  • @Dub_Lord
    @Dub_Lord 3 года назад

    Lin, the 5 o'clock shadow looks badass. keep it up. Best interviewer ever by the way. Ask the right questions, then let the person give the right or wrong answer, and let the viewer decide. Perfect.

    • @percyblok6014
      @percyblok6014 3 года назад

      No it doesn't. Not on him at least. Looks like he just smoshed a bag of Oreos. Horrid.

  • @TheMrlandman
    @TheMrlandman 3 года назад +2

    Another great interview David!

  • @hussamg
    @hussamg 3 года назад +1

    Great interview Dave, Brilliant questions. You ask the questions as if you reading my mind while listening to the interview.... As always you are very relevant...Thank you

  • @gabriowl
    @gabriowl 3 года назад +6

    Great interview as always. Love the hockey talk too. Go Oilers! (and really almost any Canadian team)

  • @misty671
    @misty671 3 года назад +1

    Great interview and guest, from a Kitco enthusiast.🇨🇦🍻

  • @jerrfin699
    @jerrfin699 3 года назад

    Fantastic interviewer. Great questions. Doesn't make himself the show - a real pro.

  • @jeffreycohen7139
    @jeffreycohen7139 3 года назад +4

    Where i live everything is thriving. The demise is over stated. Go long and strong. Market is going up, way up!!!!!

  • @michaelschooler7423
    @michaelschooler7423 3 года назад

    A man of principle, we need more of that!

  • @tadeuyan9628
    @tadeuyan9628 3 года назад +17

    Interesting but more people like Tyler davies trading services could make this world a better place with his unique trading strategies.

    • @miguelosvaldo7629
      @miguelosvaldo7629 3 года назад +2

      Tyler's trading success is based on his strong signals. He's good!

    • @jimkelligrew853
      @jimkelligrew853 3 года назад +6

      @@kaiqueinacio2629 His strategy trades EUR/USD is quite impressive and his signals will get you a lucrative ROI and skips lot of profit loss.

    • @anvorgesagratis7491
      @anvorgesagratis7491 3 года назад +1

      @@kaiqueinacio2629 Are you saying he's that good?. Because I love your approach..

    • @rogersilverio603
      @rogersilverio603 3 года назад +2

      I love the ease of communication he offers with his swift response to emails, not even a single glitch when time comes to withdraw your profit payment. I respect him for his honesty and hard work

  • @billytran179
    @billytran179 3 года назад +4

    How long has it been since the markets have been based on fundamentals? It's been a casino for quite a while...

  • @christianmuller292
    @christianmuller292 3 года назад +4

    The stockmarket isn't a Casino, it's something else. A Casino has strict rules and regulations and if an owner or someone else tries to fraud it or the system they find themselves either with a fourty pound concrete slab strapped around their feet and thrown in the nearest lake or in jail for a very, very, very long time. Casino owners should feel vindicated. The crooks are in the stockmarket.

    • @steverosenberg745
      @steverosenberg745 3 года назад

      Casino's most often rigged either in whole or part and it can and often does cycle accordingly. Selective top management's in on it gig. Casino's are a cancer on society. The government has forced too many good people into gamblers, some becoming degenerate gamblers....it's truly a sad state of affairs.

  • @DrCurriena
    @DrCurriena 3 года назад +7

    Nice to hear a man who has not lost his Christian beliefs

    • @drmodestoesq
      @drmodestoesq 3 года назад

      It thought he said he was a Catholic?

    • @TheCoolbreeze45
      @TheCoolbreeze45 3 года назад

      Most consider Catholics part of the Christian faith, including non-Catholics like myself. Great interview.

    • @drmodestoesq
      @drmodestoesq 3 года назад

      @@TheCoolbreeze45 You've obviously never read the Chick Tract.

  • @dConceptdk
    @dConceptdk 3 года назад +1

    You made the right choice 👍🏻👍🏻👍🏻

  • @jackp2884
    @jackp2884 3 года назад

    Kitco is the best

  • @iGoogledit79
    @iGoogledit79 3 года назад +1

    Enjoyed the interview!

  • @dickritchie2596
    @dickritchie2596 3 года назад +10

    God bless this man for telling the truth about the BLMFL.

    • @johnnystare3017
      @johnnystare3017 3 года назад

      I concur. David is crushing it. Keep up the excellent interviews and informative questions.

  • @onloveandsublimation4912
    @onloveandsublimation4912 3 года назад

    Wow. Great guest. Great interview.

  • @reubenmorris487
    @reubenmorris487 3 года назад +3

    Did we really see 'growth'? Or was that a result of all the corporate bond sales courtesy of the federal reserve??

  • @jessebrown1497
    @jessebrown1497 3 года назад +2

    Great guest.

  • @tonya469
    @tonya469 3 года назад

    I respect Peter who speaks up for his beliefs

  • @bryanfink1074
    @bryanfink1074 3 года назад

    I love this guy

  • @stevenbrockman682
    @stevenbrockman682 3 года назад +1

    Really good interview

  • @geraldfleming2810
    @geraldfleming2810 3 года назад +1

    A principled man who speaks from a personal standpoint. Most enjoyable.

  • @issenvan1050
    @issenvan1050 3 года назад +4

    How would our gold stocks react to a gridlock in a divided government, or to a covid vaccine, etc.? Should we start transitioning into commodities stocks, instead?

    • @georgedubry3935
      @georgedubry3935 3 года назад

      The rich invest their money first onto assets, instead of purchasing liabilities, take a wise decision to buy and invest in cryptocurrencies

    • @davidkoziar1811
      @davidkoziar1811 3 года назад +2

      Historically, uncertainty boosts metal prices. But these are ridiculous levels of uncertainty and it doesn't seem like gold is moving. Maybe PMs are coiling up due to constant pressure with paper trading. If people are buying physical metals, expect the dam to break at some point.

    • @Mprime87
      @Mprime87 3 года назад +3

      Yeah we got gold and silver coiling. Nice a$$ flags. Things should explode relatively soon. Possibly even before end of year. Big boy moves coming.

    • @davidkoziar1811
      @davidkoziar1811 3 года назад +2

      @@Mprime87 That's the thing I'm wondering about. When? When will they explode as they should? And if it's not going to be a gradual climb, then what or who is putting on the brakes? My gut is telling me that these are accumulation prices. The signal being sent to us plebs is to NOT see gold, silver and metals as viable assets to carry.
      Which means that they are and we should accumulate the hell out of them while everything is cheap 😉

    • @Mprime87
      @Mprime87 3 года назад +2

      @@davidkoziar1811 agree

  • @darren2351
    @darren2351 3 года назад +11

    We need more David's in the world

    • @NoName-zn1sb
      @NoName-zn1sb 3 года назад +2

      Davids

    • @davidkoziar1811
      @davidkoziar1811 3 года назад +4

      Hello

    • @mackrun7029
      @mackrun7029 3 года назад +3

      14:20 After Grandlich praises one of David's interviews as among "the ten best I've heard in 36 years," David with characteristic self-effacement says "thanks. I appreciate your comments" and then quickly moves on to his next question.

  • @jonathanjohn1825
    @jonathanjohn1825 3 года назад +6

    As the economy crisis keep rising,one needs to have different stream of income, one needs to have a diversified portfolio in order to survive

    • @handofgod9386
      @handofgod9386 3 года назад +1

      Any company you buy will be affected by the markets.

  • @-Atmos1
    @-Atmos1 3 года назад +2

    Some theories are that it's the beginning of boom years for the stock market .
    What will derail it is when interest rates are risen .

  • @bluefish225
    @bluefish225 3 года назад

    Great man!

  • @baycreekhistorydetectives4830
    @baycreekhistorydetectives4830 3 года назад +8

    Dave...you should rock the Fu Man Chu dude. Looks good.

  • @untoldafricantruth9797
    @untoldafricantruth9797 3 года назад

    14:00 David who? And does anyone have the link or video?

  • @macp444
    @macp444 3 года назад

    Besides CCJ what other Uranium stocks are good to look into?

  • @philippetoupin01
    @philippetoupin01 3 года назад +4

    Based and redpilled Peter Grandich.

  • @NanaMarti2010
    @NanaMarti2010 3 года назад +1

    David: Great interview and some valuable investing tips I will initiate tomorrow morning!. I have watched some of your interviews and have been very impressed especially as you were a producer when you began. Please reply with the name of the person you interviewed that garnered such high praise from Peter. I couldn't quite catch the last name. Thanks, in advance.

    • @kitco
      @kitco  3 года назад

      Peter referred to the interview with David Garofalo, former CEO of Goldcorp: ruclips.net/video/GHXzx2Fd4LE/видео.html

  • @ethanalfred394
    @ethanalfred394 3 года назад

    Great interview David

  • @ResilientCounty
    @ResilientCounty 3 года назад

    Thanks for the sermon.

  • @fasteddy-fd3kr
    @fasteddy-fd3kr 3 года назад

    How he narrates the current stock market is pretty amazing.

  • @Jand4291
    @Jand4291 3 года назад

    Thank you so much for stating the truth and the facts. America was built in a Judeo Christian values which are also comparable with secularism and separation of church and state.

  • @Sergio_jobcoach
    @Sergio_jobcoach 3 года назад

    Gran Colombia Gold!! Massive cashflow, super cheap and tripled his dividend today!! Monthly pay out!

  • @jimmybacas8003
    @jimmybacas8003 3 года назад

    Sweet! Stonks on sale!!!

  • @ggutz3100
    @ggutz3100 3 года назад +1

    I can t find any of these companies on robinhood

  • @mindislife
    @mindislife 3 года назад

    whats the link to that video interview that he mentioned?

  • @nojanemad
    @nojanemad 3 года назад

    Good man

  • @chamsedine1999
    @chamsedine1999 3 года назад

    What was the symbols gold mines stocks shared in this video ?

  • @highridgegraphics9556
    @highridgegraphics9556 3 года назад +2

    Great interview Peter -=Dave from park ave printers

  • @ewade1342
    @ewade1342 3 года назад +8

    I bought gold and bitterly regret it. Worst decision of my life. My dividend stocks are soaring and I hold gold which drops everyday. What bs!

    • @downunda107
      @downunda107 3 года назад +3

      What was Your expectation of outcome in Your decision to go PM ? Research basic would have informed Your choice. Something not right here. I'm smiling. Been in PM seven years. Huge upside. Miners now multiplying investment. The physical metals insure the future. All based on history. All the best . Stephen

    • @TheFranksantana
      @TheFranksantana 3 года назад

      I bought gold when it was $300 and stopped at $500
      You came late to the ball.

    • @stormcup2920
      @stormcup2920 3 года назад +3

      Be patient for a few weeks, it will swing back up...

    • @ksil5721
      @ksil5721 3 года назад +3

      This is called diversification. You don't put all of your money in one asset ! ;)

    • @Thiny1991
      @Thiny1991 3 года назад

      Trust when gold starts moving it will be more than 20 to 25%.. only some ten bagger return would justify the suffering ...

  • @Handlethis6513
    @Handlethis6513 3 года назад

    Good stuff David.

  • @bertimus7031
    @bertimus7031 3 года назад +1

    So gold is down but the investor is right?

  • @pazuzuxx
    @pazuzuxx 3 года назад +9

    They've been saying that for years and have been WRONG every time. Don't listen to this BS

    • @kevinlegarrie7043
      @kevinlegarrie7043 3 года назад +2

      I agree. Its BS. Stock market is on the rebound. I've been investing in new innovative companies that will pave the way for the future. All of my stocks are in the green. I invested in renewable energy companies like Brookfield renewables. Canada Nickel Co. Drone Delivery Canada. WellHealth. Mind Med. Virgin Galactic. REITs like RioCan and Sienna Senior Living. Bank of NovaScotia. Aphria marijuana stock. GoEasy co. Suncor. Algonquin power. All of my stocks are up and climbing higher.

    • @pazuzuxx
      @pazuzuxx 3 года назад +1

      @@kevinlegarrie7043 now that doesn't mean we won't see the occasional correction

    • @kevinlegarrie7043
      @kevinlegarrie7043 3 года назад +1

      @@pazuzuxx There will always be corrections. Especially in the tech sector. Many are currently over valued. But when there is a correction it's only time to buy more for the long term investor. I have no interest in day trading or swing trading. A correction to me is just another opportunity to buy at a lower price.

    • @roadrunner9622
      @roadrunner9622 3 года назад

      The only two things I think are certain as we move forward: Debt is going to be a drag on world productivity, and there will be a fight for resources in the next 5-35 years.

    • @roadrunner9622
      @roadrunner9622 3 года назад

      The only two things I think are certain as we move forward: Debt is going to be a drag on world productivity, and there will be a fight for resources in the next 5-35 years.

  • @thomashawryluk71
    @thomashawryluk71 3 года назад +3

    The major driver of the stock market is a stimulus package. I expect more than one stimulus package imo. As long as the stimulus package coming the stock market will go up!!!

    • @wizzyletsgetbusy6878
      @wizzyletsgetbusy6878 3 года назад

      Stimulous paused for presidential dispute..rafher worrying🤔

  • @oi8542
    @oi8542 3 года назад

    What are these 3 company stock please ?

  • @Outerrythem
    @Outerrythem 3 года назад +3

    What about Australian gold miners?

    • @drmodestoesq
      @drmodestoesq 3 года назад

      Cheap diesel and cheap Australian dollar. Two good input cost savers. But you gotta have gold to mine, mate.

    • @Outerrythem
      @Outerrythem 3 года назад +1

      Lol, I live here (and not in fear).

    • @drmodestoesq
      @drmodestoesq 3 года назад

      @@Outerrythem There's even money to be made after a gold mine closes. Back in the day a entrepreneur bought a large amount of abandoned mine shafts very cheaply. He then chopped it up into lengths and sold it as post holes.

  • @oridona2746
    @oridona2746 3 года назад +1

    Man these are not market people. The market doesn’t have to reflect reality period. It’s going parabolic because of money printing and inflation. People have been saying it over for years and they are not taking advantage of what’s happening.

  • @chriswantstomakeit
    @chriswantstomakeit 3 года назад

    I am in the UK, I brought some shares in a lovely small company. They wanted £600,000 and achieved around in 1.6milion in 2.5hours. Sadly, they already plan for a buyout by a larger company.

  • @ojibwelord
    @ojibwelord 3 года назад +3

    Ovisly the stock market needs to come back to reality

  • @jasonsphinx4746
    @jasonsphinx4746 3 года назад

    Veterans Day Poppy. Nice touch.

  • @johnsonapioras8697
    @johnsonapioras8697 3 года назад +8

    What will happen with Btc, etc...when we got no electricity or internet?

    • @chrisiden1
      @chrisiden1 3 года назад +1

      solar power... dont worry its safe

    • @chrisiden1
      @chrisiden1 3 года назад +2

      the blockchain keeps honest perfect records of your digital

    • @pratikbhuyan
      @pratikbhuyan 3 года назад

      The price will be still as no one can buy or sell!

    • @Kehua800
      @Kehua800 3 года назад +3

      If all this reset happens, and cashless society comes in. I think government's will just ban Btc or go to war against it because they cant get there hands on it. If they can lock us all up with covid!!! They can crush Btc

    • @kavmir
      @kavmir 3 года назад +1

      Hahah, you’re funny. We will have more problems if there is no electricity. Such as not being able to charge your phone, not tuning your fridge, not having lights, and more. Don’t worry, Bitcoin will be the last think you will be worried about.

  • @red149
    @red149 3 года назад +1

    market won't return to fundamentals until we go back to a sound and solid currency that cannot be manipulated and it won't happen anytime soon !

  • @natep7425
    @natep7425 3 года назад

    Is Peter Grandich long on physical gold and gold stocks?

  • @etclizen8937
    @etclizen8937 3 года назад

    Great questions 😊

  • @douglasthompson9482
    @douglasthompson9482 3 года назад

    I agree 100%....we have a long way to go.

  • @jessicafernandez1528
    @jessicafernandez1528 3 года назад

    How to invest in Uranium?

  • @AmateurSUP
    @AmateurSUP 3 года назад

    I agree with him, also I agree, Kitco is the best

  • @richdoh5443
    @richdoh5443 3 года назад

    Klaus Schwab says in his book. "Many of us are pondering when things will return to normal. The short response is: never. The world as we knew it in the early months of 2020 is no more".

  • @cliffordbryant6604
    @cliffordbryant6604 3 года назад +2

    I invested in both stock and crypto but currently I believe crypto is doing More better!!"