Mother of All Bubbles Will Pop, No Fast Recovery in Sight; Gold to hit $4,000 – Peter Grandich
- Kitco NEWS
“I’m going to own more cash than anything else between now and the end of the year,” financial advisor and market commentator Peter Grandich of Peter Grandich & Company told David Lin, anchor for Kitco News. Grandich discusses why we are currently in the “financial bubble to end all bubbles.” Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Peter Grandich on Twitter: @PeterGrandich (https://twitter.com/PeterGrandich)
–
0:00 – GOLD AS STORE OF VALUE?
6:46 – HE MOTHER OF ALL BUBBLES
8:29 – U.S. TURNING INTO JAPAN IN THE 1990S
11:07 – MAJOR PROBLEMS FACING THE U.S.
13:12 – DEBT CEILING DEFAULT?
14:43 – CASH VS. INFLATION
16:06 – GOLD TO REACH $4,000
19:05 – HEDGING STRATEGIES
20:44 – HOW TO PRESERVE YOUR WEALTH
23:07 – FOREIGN STOCKS VS DOMESTIC STOCKS
end