Published: 2021.04.05. Peter Grandich bets on cash

Peter Grandich bets on cash - Preview

During the interview, he said that he left the stock market several years ago, as he expects a strong correction in the stock market. Instead, he invested his capital in gold and gold mining stocks. According to him, copper and uranium had good chances last year.
In addition, he transferred a significant portion of his capital into cash. Grandich assumes that the stock market and other financial markets will decline dramatically. This will lead to the fact that in a few years, assets that have fallen in price can be bought at favorable prices. But not everyone will have the capital available to take advantage of this opportunity. “I'm just amazed at how dismissive people are. We are at the beginning of a dangerous period. Many people are simply not ready for difficult times, ”the expert voiced this opinion.