Peter Grandich joins Steve Barton with a warning for today’s investors. After more than four decades in the financial world, Grandich now urges extreme caution, citing dangerous overvaluation in stocks and the narrowing gap between corporate and treasury bond yields. He explains why capital preservation is more important than chasing returns and outlines why he’s pulled back from traditional income investments. 

He also discusses the gold-to-copper ratio, the growing importance of tungsten, and his concerns with speculative behavior in today’s markets. Grandich emphasizes that sometimes the smartest move is not making one, and shares his approach of building cash and avoiding overpriced assets until better opportunities arise. Investors looking for stability in uncertain times will find his insights both sobering and strategic.

 

Connect with Peter Grandich!

Website: https://petergrandich.com/

X: https://twitter.com/PeterGrandich

Instagram: https://www.instagram.com/petergrandich

YouTube: https://www.youtube.com/c/PeterGrandichCompany

 

🔥 Key Topics Discussed

✅ Peter Grandich's bearish outlook on overvalued markets

✅ Corporate bonds vs. treasuries and why he’s avoiding both

✅ Strategic timing for profit-taking in junior mining stocks

✅ Insights on the gold-to-copper and gold-to-silver ratios

✅ Tungsten’s surprising value and supply chain risk

✅ Risks of momentum investing and market speculation

✅ Capital preservation vs. gambling in today’s financial climate

✅ Why holding cash now could be the smartest play

 

If you found value in today’s breakdown, please give this video a thumbs up, share it with friends, and don’t forget to subscribe for weekly market insights. Join the discussion in the comments, and check out our free and premium content on the Rule Classroom for exclusive investment insights! If you would like to support the show, you can do so through a donation here or on YouTube Supers: https://paypal.me/InittoWinitLLC?country.x=US&locale.x=en_US Stay tuned for our next guest and happy investing!

 

Affiliates /Tools for Success that I Love and find Helpful:

Join Our Free Newsletter 

Subscribe to my Substack

Technical Analysis Series

New Orleans Investment Conference Nov 2-5, 2025  

Rule Classroom (Free) 

Rule Classroom Plus (2 Free Months) 

TradingView (Free) 

Lobo's Weekly Recap (Free) 

Uranium Newsletter 

 

Chapters:

00:00 Introduction and guest welcome 

00:30 Macroeconomic outlook and market conditions 

02:09 Capital preservation and bond market concerns 

05:12 Market charts and signals from Fed policy 

06:46 Thoughts on gold copper antimony and tungsten 

08:31 Gold to copper ratio and precious metals outlook 

10:58 Reallocating profits and portfolio strategy 

13:51 Junior mining stocks Northern Superior NorthIsle Radisson 

15:24 Sectors with value including nickel coal and oil 

16:31 Defensive strategy and risk management mindset 

17:37 Final thoughts on caution and future opportunities 

18:50 Market momentum and correction potential 

19:18 Where to follow and connect with Peter Grandich 

<span style="font-size: 12.0pt; line-height: 107%;