Investor got 'death threats' for making this correct call, now he's predicting 40% housing crash
Peter Grandich, founder of PeterGrandich.com, discusses with David Lin, Anchor for Kitco News, his outlook for the economy, housing market, and commodities.
Follow David Lin on Twitter: @davidlin_TV ( / davidlin_tv )
Follow Kitco News on Twitter: @KitcoNewsNOW ( / kitconewsnow )
0:00 - Outlook on equities, cryptos
5:10 - Real estate markets
12:06 - Protecting against housing crash
17:37 - Personal wealth management
23:14 - Recession fears
26:17 - Investing in metals
#recession #realestate #investing
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Пікірлер: 674
Peter hasn't been the bearer of bad news, he's been the messenger of truth. God bless Peter and his family.
Imagine being so deluded that you send a death threat to someone who doesn't agree with you.
@Mikesorrento3344
Жыл бұрын
Evil is more appropriate.
@Wargasm54
Жыл бұрын
Welcome to the contemporary Divided States of America.
@FindTheTRUTH337
Жыл бұрын
I can’t imagine. Unbelievable. Despicable.
@huwhitecavebeast1972
Жыл бұрын
That's the norm for leftists.
@eric3434
Жыл бұрын
Not surprising from those moonboys really.
Peter is a sober person in a drunk world!!! Good advice!!
@zeebee5574
Жыл бұрын
👌
Peter is balanced and rational in his analysis......often unpopular in these crazy times.
@glassdomedesign
Жыл бұрын
I think it’s the analogy of being told your baby is ugly, whether you listen or not it still maybe true. Hating the person who says it doesn’t change your baby. In this case your baby is your investment portfolio. They are all ugly at the moment as everything is coming down and bursting. If we’re invested we all have ugly babies
@kieranoconnor4334
Жыл бұрын
@@glassdomedesign I think that's probably the case.
I really enjoyed this interview. It's so refreshing to listen to a man who obviously puts God first in his life. We really need more people like this man giving us advise. Thank you Kitco News.
@mohamedAli-kj6fb
Жыл бұрын
How does he put God first? Does he follow divine orders?
@mohamedAli-kj6fb
Жыл бұрын
@King_of_The_North yh ight
@mohamedAli-kj6fb
Жыл бұрын
@Sim alright then
@MrRaybrown007
Жыл бұрын
I do trust Peter. But his belief in God is a little worrying. But he seems a very principled man. He understands the true value of assets and debt.
@lindaellison2281
Жыл бұрын
@@mohamedAli-kj6fb He stated that his beliefs about the dangers of debt are taught in the Bible.
I really appreciate Peter's wisdom and sound guidance.
@billmartin2481
Жыл бұрын
both you guys are the best and I'm the same way invested in old certified double eagles now I'm down to about 500 dollars
@ultramagalatino7791
Жыл бұрын
Gold and silver is down big. Hasn't done crap in years.
@davidallison5529
Жыл бұрын
@@AndreAnyone In May, 40% of BTC speculators were sitting on losses. That was when price was 40k. Obviously the people now underwater on price, realistically more likely 60% of holders. That could easily become 80% of holders. That's just reality. You assume without proof that you're right. Maybe, maybe not.
@AndreAnyone
Жыл бұрын
@@davidallison5529 I know I'm right
@oneviwatara9384
Жыл бұрын
If you want to make quick money just short sell Tesla stock.
A for real quality individual. Much respect to Mr Grandich Thanks David
Scenario: Not perfect but tells the story $500.000 = House price in January 2020 before pandemic $845,000 = House price in February 2022 before interest rate increase 30% = 2 year annual compounded increase Assume: a reasonable year on year increase would have been 10% then $605,000 would have been February 2022 value. $240,000 = the overvaluation (-30%) = the correction needed to get back to $605,000 value If you owned before 2020 you are still ok $700.000 = House price in January 2020 before pandemic $1,200,000 = House price in February 2022 before interest rate increase $850,000 = Should have been February 2022 value. $336,000 = the overvaluation (-30%) = the correction $1,000.000 = House price in January 2020 before pandemic $1,700,000 = House price in February 2022 before interest rate increase $1.200,000 = should have been February 2022 value. $500,000 = the overvaluation (-30%) = the correction
@sftita
Жыл бұрын
Thank you for this! Yup...
The best interview I’ve listened to in a long time, like a breath of a fresh air to know that there are people with an adequate mindset and outlook out there!
@VideovigilanteUSA
Жыл бұрын
For real
@grant710
Жыл бұрын
White Collar Crime. Make threats. Look
The fact that people are going so far as to threaten his life tells you he is poking an exposed nerve. That means he's not just right, he's really right.
Always love hearing from Peter, I had the honor of interviewing him on my channel as well and he was so gracious with his time and wisdom.
Peter grandich is a legend. Thanks for the interview and may the Lord bless him with a long healthy life.
Peter is probably the most candid and realistic guest on your show.
Peter is right when he talks about Russia and China developing a new gold and other commodities based currency to compete with fiat currencies such as the U.S. Dollar and the Euro. He is also quite right about the Saudi Arabia and other nations either applying to or seriously considering joining the BRICS Alliance which could turn the current five nations into close to thirty in the near future. To bad the Western mass media is is deaf and dumb to these events.
@klauskarpfen9039
Жыл бұрын
Actually Saudi Arabia joining BRICS and an alternative to the US $ could spell the beginning of a "hot" war, WW III with a battlefield in the middle east. The US, as crazy as they are right now, watch them to go full blown lunatic, when this happens!"
@freeroamer9146
Жыл бұрын
The transition will not happen over night and may take decades. Even then, it may involve the transfer of some countries, and others that will not. There are over 200 sovereign entities in the world today. As we transition into the electronic age, the possibilities are endless!
@kirstinstrand6292
Жыл бұрын
Western Countries, specifically the US, do not want the new BRIIC BLOC Countries to show their collective Power. The US will DENY, DENY, as long as possible since the newly forming Eastern Bloc will be a mayor shift to world power.
@alfredepding974
Жыл бұрын
@@kirstinstrand6292; I couldn't agree with you more. Thanks for your salient response.
@deesus1085
Жыл бұрын
🤡
How honest he is - and very sympathatic. Super program. God bless you all....
Best Kitco show in a while! Thank you.
No man makes more sense than Peter Grandich. He's smart, humble and provides no-nonsense wisdom that we all need to hear. Thank you Kitco News!
"it's not how much you make, it's how much you don't lose that separates the winners from the losers"
I really appreciate interviews with well informed guest that provide credible information. Unlike the business entertainment platforms such as CNBC or Fox business that are basically ad driven.
The Psychology of Money. Must read for any retail investor.
Tks Peter and David - this is truly a balanced and insightful well framed discussion on where we stand and thoughts on the next 12 months. This channel has truly been a portfolio saver 🙏
Great interview and amazing honesty and insight. Thanks
Excellent call!! Gold, silver, copper, uranium & the miners the best investments going forward
When Pete speaks I listen! I hope he continues his blog on KZread as long as he can. Very, very informative.
Peter was right!! Thanks
Peter is the best! I love listening to his grounded in reality analysis.
Thanks, Peter! Excellent interview. I’m with you in all this including praying 🙏🏻. God bless, guide and protect you and us all!
Always enjoy hearing Pete's wisdom.
Probably the best interview to date. Bless you Peter!!!
The person who give this man death threats has got a big black hole in his heart. I really appreciate the way his Christian ethics and morals informs his financial and investment philosophies. God bless him and David for that matter!!
@das250250
Жыл бұрын
Ethics have nothing to do with Christianity
@SDrealty1
Жыл бұрын
Med
@husamabed6527
Жыл бұрын
@@das250250 Good point.
Pete is a true patriot keep up the good work
Peter's sensibilities speak for themselves, and he speaks these kindly and fairly to maturity that recognizes a very sane credibility.
One of the best financial advisors out there. Love and respect for Peter!
@hopinghope7892
Жыл бұрын
Never trust someone who ends an interview with "God bless you"
Excellent interview, please have Peter back again.
This is a refreshing conversation! Thanks!
Thank You Guys... Great conversation.
I always appreciate total honesty. I'm of the school of thought that wants to see the whole picture - warts and all. Its the way it always will be,some people don't want to see whats happening right in front of their face. You can always ignore reality,but you cant ignore the "consequences" of reality.
Love this man. For his business insight and love for God! God bless!
@christopherbic7688
Жыл бұрын
Amen
Superb interview! Thank you!
Spot on, Peter! 🎯
Excellent guest
Peter is so right….as usual..👏👍🙏 Great interview with a man who is so knowledgeable.
Peter is giving sound advice. My grandfather who grew up in the Great Depression lived his life by the same principles and went from poor to rich over his life.
@parkerbohnn
Жыл бұрын
My grandfather made millions during the Great Depression. Not everyone lost it.
@lindaellison2281
Жыл бұрын
My father was the same - suffered greatly from poverty during the Great Depression, then amassed a fortune, slowly and carefully. I just sold all my stocks and bonds, and now I'm living just like my Dad did...very frugally, and very safe, guaranteed investments.
Best and most relevant interview I have heard this year so far. Ignor it at at your peril.
Thank you, guys!!
Great interview. Thank you!
This is hands down one of the top 3 Kitco interviews.
such a heartfelt interview. Great job gents.
Thanks David, a genuine man!
I love this info, it's pretty practical 👌🏾
Thanks for the great advice Peter. Rate is a man that speaks the truth.
I think you are a Wonderful Person. Bless you for Sharing.
We love you, Peter. God bless you, my brother.
Excellent questions! Thank you
David and Peter together are great chemistry.
Peter is great! Thank you 🙏
Best advise!
Thank you very much Peter and David, for a great conversation!👍
Way to go Peter...good advise!
Such an impressive interview ! Thank you so much for sharing your wisdom with us
Great thoughts from Peter!
the DOW gold ratio is now 18-1 by the time this is over it will be 2-1 or even 1-1 gold is the only thing one should be buying now
@parkerbohnn
Жыл бұрын
5,000 and 5,000 if they ever let the fraud stock market fall for real.
@petejames1326
Жыл бұрын
@@parkerbohnn i think it will be more like 8,000 DOW GOLD $8,000 something like that, but it could be totally different, if they cut rates and start up QE again, the DOW could get to 100,000 and GOLD could shoot up to $50,000 when they do a re set where gold accounts of every dollar created out of thin air in existence since the last re set in 1971.
Great interview! Really practical.
Marvelous guest, please invite him for another show soon! +1
"can we make the 1st payment" epic. 🙌 Right there! Great interview.
The George carlin skit about stuff is great. Great interview all together. I’ve had a few guys who have lived through three market crashes say housing crash is coming.
David Lin, I love to watch your interviews
Best interview with Peter that I’ve seen, and I’ve seen a few.
The Sacred Heart of Jesus shown in the background. Bless you Peter.
Great interview and information. Thank you.
Wow, amazing interview!
Thx David...you're back. Good interviewee. Liked.
Excellent interview. Thanks.
Great interview! Great advice.
Great common sense, down to earth advice for free. Take it to heart.
Great guest with lots of interesting perspectives.
Thanks so much for a value video! Will start watching your show👏🙏💞
Subscribed to this channel because of David’s great interview with Mance Harmon. After this one, I’m definitely keeping an eye out for more of his interviews.
Really enjoy the no Frills advice he gives and puts his personal portfolio on the line. Win or lose Got to ❤ him
Absolutely correct... LESS IS MORE!!
Hey David, Great piece of info. Request for an analysis on Aussi Housing Market.. Thanks
Good point about public storage however I'd counter that with the lack of sizeable housing (as in actual homes) whereas many young families are forced into apartment living.
Certainly a good interview, thanks
Im interested in learning about the new currency that could be the catalyst to sending the US dollar much lower and gold much higher...great interview !
Thank you Peter for being so generous with your wisdom and a leader of integrity!
A golden rule of good money management is to live below your means.
I love Peter! I’m also fully invested in uranium and copper!
Peter you are tight... dont give up.
One of my favorite guests. Just seems like a down to earth good guy.
Fantastic Interview!!!
Down to earth Great advice 👌 🙏
Fantastic discussion.
Gold is a Tier 1 asset. Great advise Peter.
Ty!
smart guy here...enjoyed this talk very much.
David, please invite Peter back for more interviews at an interval you feel would be beneficial. Enjoyed being reminded by him, of my own same perspectives on debt and investing. Likeminded people should read the book: The Automatic Millionaire.
God bless you Mr. !!!!
Great interview with Jeff.
Loved this episode !!!!!
... such a down to earth analysis ...