Kitco News, Released on 1/11/23
Peter Grandich, founder of PeterGrandich.com, discusses his 2023 outlook for the economy, stocks, commodities and geopolitical risks with David Lin, Anchor and Producer at Kitco News.
0:00 – No new highs for stocks in 2022
3:50 – National debt interest, Social Security cuts
6:02 – Impact of demographic trends
7:30 – Housing and healthcare investment
10:05 – Copper and base metals
13:45 – China and geopolitical risks
15:15 – BRICS reserve currency
24:52 – Faith, society and business
29:03 – Globalization
31:24 – 2023 economic forecast
35:19 – Sector performance
36:37 – Junior mining
38:26 – Advice for younger investors
Peter Grandich’s work can be found at Peter Grandich and Company and Pete Speaks.