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Peter Grandich: Gold Market Insights and Future Prospects
This episode discusses the current state of the gold market and other commodities with. Peter Grandich, a 40-year Wall Street veteran. He attributes gold's rise to central banks becoming more interested in gold ownership and the BRICS countries potentially using gold for trade settlements. Grandich believes gold still has room to grow, but a consolidation phase may be due. He also discusses copper's recent surge and the challenges facing junior mining companies in attracting investment. Grandich predicts that major mining companies will eventually acquire junior companies with well-defined…
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