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Grandich tells Maguire on LFTV that financial establishment still disdains gold
8:39a ET Sunday, March 30, 2025
Dear Friend of GATA and Gold:
Gold advocate and financial adviser Peter Grandich is London metals trader Andrew Maguire's guest on this week's edition of Kinesis Money's "Live from the Vault" program, and their command of the history of the monetary metals of the last several decades is likely to fascinate and delight those who follow GATA's work.
Grandich says gold is still getting little respect from the financial establishment though it has become the best-performing asset and all the signs indicate its return to the world financial system in a big way.
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He adds that a massive insolvency threatens the United States -- unsupportable government and personal debt and financial entitlements, worsening poverty, and deterioration of the country's physical infrastructure. Most people, Grandich says, don't have the money to pay the taxes needed to solve those problems.
Grandich foresees a new era of mining industry mergers and acquisition of junior companies by majors.
Toward the end of the program, Grandich reflects on the need to be guided by religious faith.
The program is 58 minutes long and can be viewed at YouTube here:
https://www.youtube.com/watch?v=7pNluNn187Q
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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