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Don't let these market risks wipe out your portfolio in 2022 - Peter Grandich's biggest predictions

January 14, 2022

New York (Jan 14)  Financial assets regularly going through sentiment cycles of market euphoria and despondency, and investors should pay attention to what cycle each asset is in and invest accordingly, said Peter Grandich of Peter Grandich & Co.

Speaking to David Lin, anchor for Kitco News, Grandich said that currently, a shift of sentiment is about to take place for cryptocurrencies and for precious metals.

“We pretty much spent 2021 for stocks and bonds and things like Bitcoin at the top of the cycle,” he said. “Now, maybe a couple of them slipped into anxiety because they’re off their highs. But then, you look at things like gold and silver, they’re down at despondency and depression. Even people who would once speak about them on a regular basis tried to hide and talk about something else. So there’s a real shift in sentiment.”

Grandich emphasized that buying assets when sentiment is low would have a higher chance of yielding better returns in the long-run.


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