In this interview, veteran market strategist Peter Grandich breaks down the current gold and silver pullback amid record highs. Grandich explains why this consolidation phase—driven by profit-taking, stronger USD, and fading near-term Fed cut expectations—is likely temporary and healthy in the parabolic rise, not a reversal. Drawing from 40+ years of experience, he highlights enduring bullish drivers like central bank accumulation, BRICS de-dollarization efforts, crushed paper market manipulation shifting to Asia, surging industrial silver demand, and minimal retail/public involvement yet—pointing to $5,000 gold and $100 silver as realistic longer-term targets. Perfect for investors wondering if now is the time to buy the dip or brace for more volatility in this historic precious metals bull run in 2026—don't miss Grandich's cautious yet optimistic outlook on continuation vs. correction!

🗓️ Recording date: January 16 , 2025

📖 Chapters
0:00 Intro
1:06 – Gold at all-time highs: What the market says about global confidence
1:40 – BRICS, de-dollarization, Russia sanctions
3:14 – Shift of physical trading to Asia
3:34 – Real demand vs. speculation
4:20 – Parabolic stage warning
5:16 – Gold reflecting monetary stress, debt scale & currency debasement
6:00 – Wall Street shift
6:58 – Not "early" anymore
8:31 – Central banks buying for real use (not trade); anti-USD trend
9:46 – Gold vs. Bitcoin: Central banks choose gold
13:24 – Silver's rise: Crushed manipulation + real industrial demand
15:00 – Historical analogy (Dow 1982 breakout)
17:43 – Passive investing & stock market risks; high complacency warning
22:29 – Sectors with room to run
26:50 – Capital preservation priority; political division adds risk
27:36 – How to follow Peter