Natural Resource Stocks, Released on 12/12/25

Veteran market strategist Peter Grandich, Founder of Peter Grandich & Company, joins host Steve Yang to discuss why he believes the coming year demands capital preservation over appreciation. In this wide-ranging conversation, Grandich reflects on four decades in the markets and explains why he thinks we have entered “the most bearish fundamental, social, political, and economic period” of his career. He breaks down how thin liquidity and algorithmic trading create volatility during December’s triple witching, why year-end calm often hides systemic stress, and how passive funds have re-wired market structure. He details his 2021 pivot into physical gold—an asset he says has outperformed both stocks and bonds by a staggering margin. Grandich also warns that U.S. debt is accelerating toward $50 trillion by 2030, arguing that interest costs alone could become “an unescapable mathematical trap.” He connects these macro pressures to widening social divisions, geopolitical realignments, and what he calls a “direct attack on Western civilization.”

0:00 Intro & market setup
2:10 Triple witching and holiday volatility
5:30 Capital preservation vs appreciation
6:25 Gold vs equities and bonds performance
8:40 Global debt and monetary risk
10:20 U.S. policy missteps and trade wars
12:00 Social fractures and Western decline
15:30 Final thoughts for investors

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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