GoldSeek.com Radio - Bob Chapman, Jonathan Honig, Gary Kaltbaum, Jack Chan & Peter Grandich

September 16th

Show Highlights:
September 16th, Goldseek Radio Highlights:

In the first hour this week, I lead off with a recap of the top market headlines. Bob Chapman and I listen to excerpts from Benjamin Graham's classic, The Intelligent Investor. Next, Fox TV's Jonathan Honig joins Gary Kaltbaum and I in a GoldSeek.com Market Panel discussion. Gary is short oil stocks and mid caps and likes the technology and retail sectors. He thinks gold will find a bottom near $550. Jonathan Honig thinks its possible for gold to climb as high as $2,000, but he's not bullish on the market at this point. Jon believes the falling dollar remains an ignored trend that will remain intact for some time to come. He shares three stocks on his radar screen. Plus, Jack Chan tells us that the crude oil market is in a free fall and why he expects the market to fall to $60 per barrel. Jack remains bullish on precious metals for the long term.

In the second hour, legendary commentator and forecaster, Peter Grandich examines the profound correlation between gold demand and the jewelry industry. In fact, 70% of all gold supply is consumed by the jewelry market. Peter, expects the recent pullback in precious metals to find a strong floor as jewelry fabricators absorb the discounted yellow metal. As a result, he thinks gold prices will soar in the 4th quarter due to jewelry demand alone. Like most our guests, he thinks the dollar is doomed and that the inverse relationship with gold approaches 85%. Peter likes silver and believes the metal will move even faster than gold. You won't want to miss his ultimate key to investing, it might save your portfolio as well as your peace of mind. Peter expects gold to rise first to a thousand dollars per ounce and then double from that level. And congratulations to our listener Carlton P. Carlton won this weeks contest hands down with his gold price forecast of $593. He will receive my autographed copy of Joe Granville's latest book. Remember to bookmark commentary.goldseek.com for your daily source of leading precious metals news and commentary.

Real Audio

Broadband: Part I - Stream | Part II - Stream

Dial-Up: Part I - Stream | Part II - Stream

MP3

Part I - Stream | Part II - Stream

About Peter Grandich
Managing Member, Grandich Publications, LLC.

With no formal education or training, Peter Grandich entered Wall Street and within three years was appointed Vice President of Investment Strategy for a leading New York Stock Exchange member firm. He was the editor and publisher of four investment newsletters, and appeared on national TV and radio over 400 times.

Labeled the Wall Street Whiz Kid, Grandich gained national notoriety by being among the very few who not only forecasted the 1987 stock market crash just weeks before it happened, but on the very next day he predicted that within a year the market would reach a new all-time high – which it did. Proving his 1987 forecast was no fluke, Mr. Grandich said in January 2000 that the year 2000 will go down as the year the great mega bull market of the 80s and 90s came to an end.

He speaks at numerous major investment conferences worldwide and was awarded Best Speaker Award eight times by the International Investors Conferences.

Grandich is the founder and managing member of Grandich Publications, LLC. Grandich Publications publishes The Grandich Letter, North of the Border and The Blue Chip & Income Report. First published in 1984, The Grandich Letter provides commentary on the mining and metals markets. North of the Border is a web-based newsletter, providing commentary on Canadian investments from an American point of view. The Blue Chip & Income Report is a web-based newsletter, providing commentary on the world's markets and economies. Click here to view recent alerts. Click here for subscription information. In addition, the company also provides a variety of services to publicly-held corporations on a compensation basis.

He is also co-founder of Trinity Financial, Sports & Entertainment Management Co., a financial services firm with a Christian perspective. Trinity serves the public-at-large and has a unique Pro Sports Division that assists athletes and entertainers in the creation and management of wealth.

In addition, Grandich is a member of the National Association of Christian Financial Consultants, and a long-standing member of The New York Society of Security Analysts and The Society of Quantitative Analysts. He is a Certified Elder Planning Specialist and is listed in the National Registry of Elder Planning Advisors.