In this conversation with Peter Grandich, we discuss why he believes the market is far more fragile than it looks, how passive investing and algorithmic trading may be masking deeper risks, and why that could make the next downturn much more violent once flows reverse.
Peter also explains why he has become deeply disappointed with Donald Trump, why he thinks the stock market has become the administration’s last real pillar of support, and why he believes the United States is only at the beginning of a much worse economic, social, and political period.
We also get into how he thinks about taking chips off the table in gold and silver, why he believes the metals story is only entering its second leg, and what today’s wild swings in sentiment are telling him about where the better opportunities may still lie.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.