Peter Grandich wishes listeners Happy Labor Day (U.S.), the Wall Street veteran, outlines his latest insights on the nascent bull market in the PMs sector:
- Upside may be limited in US equities.
- Balance in the Petro-Dollar arrangement may be destabilized by news that Saudi Arabia joined BRICS.
- Calls for $300 per barell WTIC oil continue to circulate as the bull market in crude resumes.
- Geopolitical risks could send safe haven assets and energy soaring.
- Modular nuclear plants could catapult uranium demand and then price higher.
- Big value opportunities in gold/silver mining shares; many companies may be trading at 1/5 their true value.