Wall Street Wizard, Peter Grandich says precious metals bulls will be rewarded for their patience as safe haven assets come back into vogue. Peter suggests that the pendulum swung too far towards high-risk assets; the back-swing could significantly improve the prospects of the PMs sector.
Investor sentiment could shift away from equities in earnest, as corporations shy away from frothy dividend payments, curtailing or even eliminating dividends amid economic and geopolitical uncertainty.
Peter Grandich and the host concur, the best investment decision includes diversification among a wide base of asset classes, including US & International equities, bonds, energy, commodities gold / silver and a small modicum of cryptocurrencies.
Peter Grandich entered Wall Street in the mid-1980s with neither formal education nor training, and within three years was appointed Head of Investment Strategy for a leading New York Stock Exchange-member firm. He would go on to hold positions as Chief Market Strategist, Portfolio Manager for four hedge funds and a mutual fund that bore his name. His abilities have resulted in hundreds of media interviews, including Good Morning America, Fox News, CNBC, Wall Street Journal, Barrons, Financial Post, Globe and Mail, US News & World Report, New York Times, Business Week, MarketWatch, Business News Network and dozens more. He has spoken at investment conferences around the globe, edited numerous investment newsletters and was one of the more sought-after financial commentators.
Grandich has been a member of the National Association of Christian Financial Consultants, The New York Society of Security Analysts, The Society of Quantitative Analysts and The Markets Technician Association. He is an active supporter of Athletes in Action, the Fellowship of Christian Athletes, Good News International Ministries and Catholic Athletes For Christ. Through Athletes in Action, Grandich assisted with Bible study and chapel services for the New York Giants and New York Yankees from 2002 to 2016.