The Julia La Roche Show #322 Peter Grandich: Most Concerned In 40 Year Career - Gold Heading To $5,000, $50 Trillion Debt Crisis & Why We're Becoming A Banana Republic
Dec 24, 2025
Peter Grandich, a seasoned macro market strategist with over 40 years under his belt, shares his most concerning insights about the economy. He predicts 2026-2027 could yield significant challenges due to soaring national debt and a struggling middle class. Having transitioned fully into gold in 2021, he envisions price targets of $5,000 for gold and $100 for silver. Grandich also discusses the alarming trend towards de-dollarization and cultural divisions hinting at a possible future as a banana republic.
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Gloomy Macro Outlook For 2026–2027
- Peter Grandich believes 2026–2027 could be among the most challenging years in 50 years due to economic, social, and political strains.
- He emphasizes preservation of capital over chasing appreciation as the prudent approach now.
K‑Shaped Economy And Asset Concentration
- Wealth concentration has created a K-shaped recovery where the top 10% own the vast majority of assets.
- Grandich notes half of Americans effectively own no assets and many use debit just to get by.
Plan For Rising Debt Costs
- Recognize the unsustainable path of federal debt and its interest burden on future budgets.
- Plan for reduced public services or higher taxes as unavoidable outcomes of rising interest costs.