Peter Grandich: Gold Hit $2500 & Will Continue To Surprise Mainstream

Liberty and Finance, Released on 8/19/24

Gold is above $2500, but the mainstream financial sector still treats it like “kryptonite,” says Peter Grandich. Gold has significantly outperformed stocks and bonds since January 1, 2022, continuing a trend of superior performance over the stock market since the start of the millennium and over bonds for the past 50 years. Despite its impressive track record, gold remains undervalued in Wall Street circles, often treated with skepticism. The recent surge to $2,500 per ounce underscores gold’s strength, though it’s still not fully embraced in mainstream portfolios.

0:00 Intro
1:15 $2500 gold
5:30 Stock market
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23:00 Peter Grandich & Co.
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Peter Grandich & Company specializes in retirement, business and estate planning, that operates with the slogan that they “enable common people to attain uncommon results.” The company was formed by Peter following decades of experience in the markets, having served in roles that include Chief Market Strategist, Portfolio Manager, and Head of Investment Strategy among others. Peter’s website – https://petergrandich.com/blog-posts/.

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