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GoldSeek Radio Nugget -- Peter Grandich: Gold Holding Steady Is Impressive

 

Peter Grandich, a Wall Street veteran, outlines his latest insights on the coming gold market bonanza. 

"The fact that gold has held its own against rising rates is impressive. We are in a massive 10-year-plus cup and handle formation. The longer the handle goes and the bigger it gets, the bigger the move will eventually be -- and 8 out of 10 times those moves are to the upside."

- Gold is one of the best performing assets of all time: up 10x +/- since 2001!
- PMs the one insurance policy every investment portfolio must include.
- Home / auto insurance are requisite - why not gold portfolio insurance?
- Common sense dictates that gold stands-out as the only insurance policy with $0 monthly premium that pays a dividend, e.g., FNV.
- Has the counter-trend rally in US equities ended, granting the bears the advantage?

Peter's site: https://petergrandich.com/

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