VIDEO — Peter Grandich: General Equities Risky; Gold a Safe Bet, Uranium Has Room to Run

Peter Grandich of Peter Grandich & Co. said the general equities space is "as expensive, as complacent and as risky" as it’s been for his 40 years of involvement. Peter Grandich: General Equities Risky; Gold a Safe Bet, Uranium Has Room to Run

Sentiment surrounding gold may have dimmed this year with the price below 2020’s all-time high, but the yellow metal is still a much safer place to be than the general equities market.

That’s according to Peter Grandich of Peter Grandich & Co. Speaking to the Investing News Network, he said the general equities space is "as expensive, as complacent and as risky" as it’s been for his 40 years of involvement.

The question of course is when this major financial bubble may burst.Timing is tricky, but Grandich said investors should look at the market and consider whether they would enter it today. "If you’re hesitant or […]

Click here to view original web page at investingnews.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.