Top Three Videos – July 15 2023

Quick Summary Bullets:

Potential Buying Opportunities for Metals

• Peter Grandich believes that this could be the biggest buying opportunity for metals in 40 years.
• “The metals market is either at the single greatest buying opportunity in 40 years or literally the Bell has rung and people like me didn’t hear it and are trapped in a door that’s never opening again.” – Peter Grandich
• “If you buy the bullish argument of where the world is going…and when you look how little money relative to especially past decades has been spent to find the metals that are going to be needed for this, then if you can look past days weeks and even months and invest for a matter of years.”
• “The shares from the top all the way down have become extremely extremely attractive.”
• Uranium is likely to outperform other metals and commodities in the years ahead due to its importance in meeting the growing demand for electricity and power.
• “If we even come close to reaching the levels that governments and all is speaking about in terms of electrification and all the demand for copper is just going to go off the charts.”
• China’s sudden announcement of holding back two metals, of which they have 95% of the world’s supply, indicates a potential buying opportunity for metals.
• The uncertainty surrounding the Ukraine war and its impact on critical areas of the world could create a buying opportunity for metals.

Geopolitical Factors and Market Impact

• People need to factor in political and geopolitical events into their investment decisions, as it is likely to gain momentum and have a significant impact on the market.
• The events with Russia and Ukraine, along with the actions of the United States, have led many countries to question their dependence on the US and the US dollar, contributing to the momentum behind the BRICS.
• “China’s growth and internal issues are prompting the need for alternative choices, and having a gold-backed currency is a common sense solution to ensure stability and value.”
• “The thing in France is not something to sneeze at and not look at I mean. This is a huge Uprising in a main Western world country and it has a lot of ramifications that we haven’t begun to see what could happen and it could happen in other countries as well.” – Peter Grandich highlights the significance of the uprising in France and its potential impact on other countries.
• The geopolitical concern of continuously increasing debt, particularly in the US, could lead to a potentially disastrous outcome if not resolved, with the Congressional budget office predicting a dire situation in less than nine years.

Transcript Summary:

• 00:00 Political corruption is a concern in the financial markets, with evidence and whistleblowers suggesting wrongdoing that could have serious consequences for careers.
  • Peter Grandich, founder of Peter Grandich and Company, discusses the commodity space and his experience in the financial markets.
  • Political corruption has been a long-standing issue that is currently being questioned, and its impact on financial markets is a concern.
  • There is strong evidence and whistleblowers suggesting wrongdoing, which can have serious consequences for their careers.
• 02:43 It is important to consider political and geopolitical factors in investment decisions, as the declining cognitive abilities of Biden and potential replacement of Harris may have significant impacts, while small businesses face challenges that have not been adequately addressed.
  • Biden’s declining cognitive abilities and the potential replacement of Harris are concerning, as they both lack the ability to effectively function in their roles.
  • People need to consider political and geopolitical factors in their investment decisions as it is likely to gain momentum and have a significant impact.
  • The difficulties faced by small businesses in operating due to regulatory issues, labor shortages, and social and political challenges have not been adequately addressed, impacting the backbone of America’s economy.
  • In the current uncertain environment, it is not a time to be overly optimistic or pessimistic about investing, but rather to remain patient and observe how things unfold.
• 06:51 The current rally in equities should be seen as an opportunity to reduce holdings, as the speaker believes the market is unlikely to experience significant growth due to factors such as the Federal Reserve’s interest rate policies and competition from high-yield bonds, and many countries are considering a new gold-backed currency as an alternative to the US dollar.
  • Grandich believes that the current rally in equities should be seen as an opportunity to reduce holdings rather than increase them, and while he agrees with the bearish outlook, he believes the timing and severity of the market downturn may be different than predicted.
  • There is a segment within the financial service community that always spins any situation into a positive one, and currently they are painting a picture that happy days are here again despite any negative events.
  • Grandich  believes that the current market is more challenging and unlikely to experience significant growth due to factors such as the Federal Reserve’s interest rate policies and competition from high-yield bonds.
  • Many countries are turning away from the US dollar and considering a new gold-backed currency due to concerns about US dominance and the weaponization of the dollar.
  • China’s growing strength and internal issues are leading to the possibility of a gold-backed currency as an alternative to the dollar, which is supported by the significant amount of gold purchased by central banks.
  • There is a potential upcoming announcement in August that could lead to one of the biggest economic and political changes in decades, and the speaker believes that the metals market is either at a great buying opportunity or at a point of no return.
• 13:12 Metal prices are currently low, presenting a significant buying opportunity, especially considering the increasing demand for metals in industries such as electrification and alternative energies.
  • Metals could be experiencing the biggest buying opportunity in 40 years, as the speaker compares the current situation to the turn of the Millennium when gold broke below $300 and some junior resource companies transitioned into internet companies.
  • Metal prices are currently low, presenting a significant buying opportunity, especially considering the increasing demand for metals in industries such as electrification and alternative energies.
  • Metals have become extremely attractive for investment, with signs of sentiment switching and increased interest from major players, despite negative narratives surrounding gold and the rise of Bitcoin.
  • Metals market is facing significant challenges with the need for mergers and changes in the junior resource market, making it harder for companies to reach end users.
  • It is now more challenging for junior resource companies to reach potential investors due to changes in the industry, such as the rise of cryptocurrency, and this difficulty should be taken into consideration by investors and speculators.
  • Uranium is seen as the safest metal to invest in due to its expected growth in electricity and power demand, while other commodities and metals are also predicted to outperform in the coming years.
• 19:43 Gold and copper are potential buying opportunities due to increasing demand, China’s supply restrictions, and lack of exploration, while nuclear energy should be prioritized despite longer construction time, and the demand for metals is rising but investment is lacking, leading to potential shortages and an energy crisis.
  • The uranium sector is difficult to invest in due to a lack of known producers, but gold and copper are potential buying opportunities for the future, especially with the increasing demand for copper in electrification, and there are also opportunities in critical metals.
  • China has announced that they will be holding back on two metals that they have 95% of the world’s supply of, leading to a potential buying opportunity for metals due to a lack of exploration and shortages.
  • The speaker discusses the potential issues with wind energy, including costly failures and the frequent need for parts replacement, and suggests that this could be a long-term bullish opportunity for reliable energy producing commodities like fossil fuels and uranium.
  • Nuclear energy should be a significant part of a country’s power supply, despite the longer time it takes to build nuclear plants compared to wind and solar energy.
  • Fossil fuel is not going to disappear and there will still be interest in it, as China continues to burn coal and the argument that it will go away is flawed.
  • The demand for metals is increasing due to the desire for gadgets and electric cars, but there is a lack of investment in exploration and infrastructure development, leading to potential shortages and an energy crisis.
• 26:31 The uncertainty caused by the Ukraine war and potential backtracking of sanctions on natural gas could create a significant buying opportunity for metals, as there may be a decrease in sanctions and an increase in support for nuclear power due to the need for electricity and potential uprisings in Western countries like France.
  • The EU wants to give a Russian Bank access to the Swift system in hopes of extending the Black Sea grain deal, highlighting the challenges faced by the International Community with sanctions against Russia.
  • The uncertainty and destruction caused by the Ukraine war and potential backtracking of sanctions on natural gas could create a significant buying opportunity for metals.
  • There may be a decrease in sanctions and an increase in support for nuclear power due to the need for electricity and the potential for uprisings in Western countries like France.
  • Grandich  discusses the debt crisis in the US and other parts of the world, highlighting the increasing debt and the potential negative consequences, with a focus on the United States.
• 30:37 The US debt is increasing and interest rates are likely to stay high, leading to a potential financial crisis, making it the biggest buying opportunity for metals in 40 years.
  • The US is on track to reach $50 trillion in debt within 10 years, with interest rates likely to stay above zero, leading to a potential financial crisis as revenue will not be enough to cover interest expenses and essential services.
  • Paying off the debt is unlikely, and the increasing interest rates coupled with the retirement crisis will burden those who still have savings, leading to a potential disaster in the future.
  • Japan’s demographic issue will lead to a battle between generations and an inability to function within the next 10 years, making it the biggest buying opportunity for metals in 40 years.
  • Investors should focus on not losing money and not staying wrong in their investments, rather than solely focusing on making profits, especially during difficult times.
  • Grandich  discusses the need for a shift towards a more conservative approach due to the increasing financial burdens faced by older generations and the affordability crisis in housing, which will require government intervention as the population ages and immigration continues.
  • The speaker acknowledges the difficult and confrontational issues that need to be addressed, expressing that faith is what helps them get through the day, but recognizing that those without faith may struggle even more, and stating that there is no easy solution or quick description.
• 37:02 Peter Grandich discusses his platforms for sharing views and interviews, expressing a preference for independent shows, and plans to return to Croatia for long-term residency to share his knowledge.
  • Peter Grandich discusses his blog, YouTube channel, and Twitter account as platforms where he shares his views and interviews, expressing his preference for independent shows over biased networks.
  • Peter Grandich plans to return to Croatia later this year and hopes to obtain long-term residency there, as he loves the country and appreciates the opportunity to share his knowledge with the audience.