GoldSeek Radio Nugget -- Peter Grandich: There are few safe havens left

Wall Street legend, Peter Grandich returns to the show with must hear market commentary amid record financial market volatility.
US equities are on the cusp of a potential bear market on news of a 50 basis point rate hike by the US Fed to stifle inflation.
Bear market rallies are epic in scale, case in point, 10+ rallies following the 2000 peak convinced many to add shares to portfolios far too soon.
Precious metals bullion and shares represent sound safe haven alternatives to overpriced fiat based asset classes.

Peter Grandich entered Wall Street in the mid-1980s with neither formal education nor training, and within three years was appointed Head of Investment Strategy for a leading New York Stock Exchange-member firm. He would go on to hold positions as Chief Market Strategist, Portfolio Manager for four hedge funds and a mutual fund that bore his name. His abilities have resulted in hundreds of media interviews, including Good Morning America, Fox News, CNBC, Wall Street Journal, Barron’s, Financial Post, Globe and Mail, US News & World Report, New York Times, Business Week, MarketWatch, Business News Network and dozens more. He has spoken at investment conferences around the globe, edited numerous investment newsletters and was one of the more sought-after financial commentators.

Grandich has been a member of the National Association of Christian Financial Consultants, The New York Society of Security Analysts, The Society of Quantitative Analysts and The Markets Technician Association. He is an active supporter of Athletes in Action, the Fellowship of Christian Athletes, Good News International Ministries and Catholic Athletes For Christ. Through Athletes in Action, Grandich assisted with Bible study and chapel services for the New York Giants and New York Yankees from 2002 to 2016.