Peter Grandich, veteran money manager and market commentator, joins us to explain why he has turned cautious on the U.S. stock market after years of dismissing crash calls. He points to weak market breadth, stretched speculative sectors and the political backdrop, while arguing that rising food and energy costs are squeezing everyday households.
We then dig into the U.S. fiscal picture, including a debt load north of $40 trillion, interest costs consuming a growing share of tax receipts and a Fed with limited room to maneuver. Peter lays out the simple math behind his renewed conviction in gold, silver and mining shares, and why he believes Canadian exploration and mining deserves a spot at the top of investors’ lists.
Peter also walks through the junior names he holds, including Group Eleven and others, and shares his view on whether companies should push ahead with resource estimates and PEAs despite retail impatience. We close with candid advice for investors who have blown up an account, and why speculating in this sector requires being mentally and financially prepared to lose.
