Is the Worst Depression in the US History Still Coming? Wall Street Veteran Peter Grandich's Warning
Wall Street veteran Peter Grandich is doubling down on a bold prediction he’s been making for years—the U.S. could be heading toward the worst economic depression in history… worse than 1929… within the next 3–5 years.
In this new interview, Peter updates that forecast and shares his outlook on gold, silver, interest rates, debt, mining stocks, and the future of the U.S. economy.
Who Is Peter Grandich?
Peter Grandich has been in the financial markets since 1984. Known for his straight talk and deep market insight, he’s been a trusted voice in economic commentary for decades and has been featured widely in financial media.
What’s in This Interview
Peter’s latest insights cover:
- Whether his depression forecast is still on track
- How debt, interest rates, and government spending could trigger a crisis
- Why he’s bullish on gold, silver, and junior mining companies
- How geopolitical tensions are reshaping the critical minerals market
- What investors should focus on to protect their capital
Key Points From Peter’s Outlook
1. Debt and Interest Rates
Peter warns that the U.S. national debt—now over $37 trillion—cannot realistically be repaid. While the Fed may cut short-term rates soon, long-term yields are likely to stay high as markets question America’s solvency. That means higher borrowing costs and greater financial stress ahead.
2. Gold and Silver
Peter believes gold and silver will outperform stocks, bonds, and cryptocurrencies over the next 1–2 years. He even sees the possibility of the U.S. revaluing gold to $10,000–$15,000 per ounce and issuing a gold-backed 50-year Treasury bond as soon as July 2026.
3. Mining Opportunities
With demand rising for critical minerals like copper, platinum, and rare earths—and China dominating supply—North American mining is becoming more important. Peter sees junior mining stocks as having big upside potential due to their leverage to rising metals prices.
4. Social and Political Pressures
Beyond markets, Peter warns of deepening wealth inequality, political division, and looming cuts to Social Security and Medicare within the next 5–7 years. He also raises ethical concerns about aging populations and social support in a strained economy.
Peter’s Advice for Investors
Peter’s philosophy: be a “live chicken” rather than a “dead duck.” Preserve your capital and avoid unnecessary risks. This is a time to prepare, not to gamble on speculative gains.
This isn’t fearmongering. It’s a grounded, fact-based look at the trends, history, and realities shaping our future.
Watch the full interview here to get Peter’s complete breakdown on whether the worst depression in history is still coming...plus his outlook on gold, silver, the stock market, and the overall economy.
Or, if you’d like to watch my last interview with Peter from November first, you can check it out here.
See you there and be sure to leave a comment! :)
