As
Partner
&
Portfolio
Manager,
the
JP
Morgan
veteran
of
Wall
Street,
utilizes
decades
of
experience
to
better
guide
investment
decisions.
John
Scurci
warns
that
the
US
currency
may
be
much
less
stable
than
most
investors
realize.
The
actual
intrinsic
value
could
be
considerably
lower
than
anticipated
by
most
investment
models.
The
2008
Great
Recession
/
Credit
Crisis
never
ended;
officials
merely
poured
trillions
of
dollars
in
debt
over
the
problem.
By
some
measures,
global
debt
has
increased
by
60%
since
the
last
financial
shock,
priming
the
weapons
of
mass
destruction
for
another
imminent
implosion.
Although
he
outlines
a
disturbing
prophecy,
investors
may
choose
to
heed
his
warning
and
shield
their
portfolios
with
hard
assets.
2008
represented
a
wake
up
call
to
economic
policymakers
/
institutions
around
the
globe.
Numerous
alternatives
have
emerged
to
challenge
the
hegemony
of
the
US
dollar
outside
the
purview
of
the
IMF
and
World
Bank.
Our
guest
underscores
many
of
the
impressive
qualities
of
gold.
The
PMs
represent
perfect
panacea
to
global
currency
ailments.
Hard
assets
like
gold
earn
a
place
in
every
investment
portfolio
as
an
alternative
to
counter-party
risk.
With
US
equities
at
a
record
zenith,
Peter
Grandich
of
Peter
Grandich
and
Company
advises
avoiding
paper
assets,
preferring
the
precious
metals.
Amid
the
cryptocurrency
revolution
where
Bitcoin
and
competing
digital
currencies
can
climb
100s
of
percent,
$100
invested
in
2011
is
worth
millions.
Should
investors
be
concerned
by
the
prospect
of
related
blockchain
exploits,
and
zero-days
could
trigger
a
new
PMs
"gold
rush?"
Peter
Grandich's
technical
analysis
indicates
that
a
new
PMs
bull
market
is
forming.
Investors
still
have
time
to
accumulate
gold
/
silver
investments
at
appealing
values.
According
to
a
recent
Fed
statistics,
44%
of
American's
have
less
than
$400
in
savings,
while
the
majority
continue
to
live
from
paycheck
to
paycheck.
Put
differently,
over
100
million
people
cannot
afford
to
pay
a
major
car
repair
or
health
issue
without
using
credit
or
insurance
policies.
Please
listen
here
Dial-Up
Real
Audio
MP3
FAST
Download
Highest
Quality
Download
Right
click
above
&
"Save
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As..."
to
download.
To
learn
more
about
software
needed
to
play
the
above
formats,
please
visit
the
FAQ.
Guest
Biographies
John
Scurci
Corona
Capital
Management
A
graduate
of
both
Yale
and
the
University
of
Chicago,
John
worked
for
Morgan
Stanley
and
Lazard
Freres
in
New
York
City
before
leaving
Wall
Street
to
pursue
Value
Investing
with
his
own
company.
John
is
the
co-founder
of
Corona
Capital
hedge
fund.
A
native
of
Toronto,
Canada,
John
enjoys
reading,
swimming,
sailing,
and
traveling.
He
is
happy
to
be
able
to
live
in
the
Caribbean.
Peter
Grandich
The
Grandich
Letter
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.
First
published
in
1984,
it
provides
commentary
on
the
mining
and
metals
markets.
In
addition,
the
company
also
provides
a
variety
of
services
to
publicly-held
corporations
on
a
compensation
basis.
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.
