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What Does Gold Revaluation Mean For The Gold Price? | Peter Grandich
Peter Grandich (https://petergrandich.com/) discusses the volatility in the stock market, attributing it to uncertainty in the economy and signs of a potential downturn. He emphasizes the bullish outlook for gold and silver, explaining that despite recent price fluctuations, precious metals remain a strong investment due to their fundamental strength. Grandich also touches on the financial troubles facing the U.S., particularly the unsustainable growth of national debt and the challenges of servicing interest payments. He predicts that geopolitical tensions, such as those in Ukraine and the Middle East, could further drive gold prices higher. Overall, Grandich’s insights suggest a cautious view of the stock market while highlighting precious metals as a safer haven amid economic and political instability.
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INTERVIEW TIMELINE:
0:00 Intro
1:30 Stock market volatility
4:00 Gold market
6:13 Stock market outlook
8:05 Miners
11:17 Geopolitics
14:50 London gold outflows
17:40 Gold revaluation
20:46 National debt
23:34 Debt & the Bible
25:50 Peter Grandich & Co.
27:55 Weekly specials
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