In a powerful historical parallel, veteran market strategist Peter Grandich argues that gold may be in the early stages of a massive bull market, similar to the legendary “Dow 3,600” call that preceded a multi-decade run in stocks. While mainstream sources focus on a flawed jobs report, Grandich explains why the underlying economic data points to a major flight to safety and a revaluation of hard assets. He lays out his powerful case for a coming M&A “mania” in the mining sector and gives his forecast for $5,000 gold and triple-digit silver.
(Recorded September 5, 2025) At Kitco News, we believe that when markets move this fast, our viewers deserve the most timely intelligence possible.
Topics Discussed:
-The historical parallel between the 1980s stock market and today’s gold market.
-Why the “real” jobs number shows a contraction of -74,000.
-His forecast for $4,000-$5,000 gold and $100 silver.
-The “second to none” fundamental argument for silver’s outperformance.
-Why the Fed is a “Wizard of Oz” that has lost control.
-His prediction for an M&A “mania” in the junior mining sector.
-His #1 rule for investing in junior miners: “Management, Management, Management.”
-His bearish warning on cryptocurrencies and comparison to the “.com bubble.”
00:00 Introduction
00:43 Gold and Silver Market Trends
00:57 Bitcoin and Economic Divergence
01:13 Interview with Peter Granich
01:26 The Great Divergence in Market Signals
02:51 Federal Reserve’s Role and Critique
05:20 Gold as a Safe Haven Asset
11:56 Silver’s Rising Importance
13:50 Investment Strategies in Mining Stocks
29:26 Conclusion and Final Thoughts
Credit to : Kitco NEWS