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The Ultimate Silver Squeeze Coming | Peter Grandich
Peter Grandich is optimistic about gold and silver, asserting that silver could even lead gold's rally for a period, a shift from his past views where he consistently favored gold. He highlights that silver's recent breakout above resistance and its significant short position suggest a potential for a short squeeze if it breaches $40. Grandich views gold's performance as "admirable," especially its ability to hold strong despite a robust stock market, which he attributes to the market's anticipation of an eventual stock correction. He believes that longer consolidation periods for gold will build a stronger foundation for higher prices, potentially reaching $4,000 or $5,000. Overall, Grandich sees both metals constructively positioned for significant upward movement, with limited major downside risk beyond typical 5-10% pullbacks.
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INTERVIEW TIMELINE:
0:00 Intro
1:35 Powell & Trump
5:15 Gold/silver squeeze coming?
8:00 Stock market
10:39 Platinum
12:10 Trade wars & BRICS
22:30 Faith & finances
27:15 Peter Grandich & Co.
27:50 Weekly special
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