The Julia La Roche Show, Released on 12/24/25
Peter Grandich delivers his most bearish outlook in a 40+ year career, predicting 2026-2027 could be the most challenging years in 50 years due to mounting debt ($38T heading to $50T), political division worse than any time since the Civil War, and a deteriorating middle class hanging by its fingernails. He explains why this was his best five-year period after moving entirely into gold and precious metals in 2021, with price targets of $5,000 for gold and $100 for silver still ahead. He warns we’re in the earliest stages of becoming a banana republic as BRICS launches a gold-backed trading unit and de-dollarization accelerates.
00:00 Intro and welcome Peter Grandich
01:17 Macro view – not a lot of positive things to say
09:47 Best year in five years – gold and precious metals trade
13:52 Oil prediction: $50 before $150
15:12 Deteriorating middle class hanging by fingernails
21:41 Most concerned he’s ever been in 40+ year career
23:01 Trump’s trade war mistakes
28:21 De-dollarization and dollars coming back to US
30:18 Solutions: Return to moral compass and faith
35:48 Wealth preservation vs appreciation for investors
41:31 Passive investing
45:12 The 12 factors of why party like 1929 will bite back
47:58 Biblical wisdom on debt and finances
49:19 Parting thoughts
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/.