GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Jim Grant - The Invisible Hand Will Have Its Way

June 27, 2013 | About:
CanadianValue

Canadian Value

120 followers


Jim Grant has been an advocate of gold for quite some time. You might expect to find him hiding under his bed these days as gold is having its worst quarter ever, but that isn't the case.

Today Grant was on CNBC discussing the Federal Reserve and its actions.

Grant thinks the Fed is stuck and is going to have to continue with easing which makes him think the selloff in gold is without merit.

Eventually, Grant thinks the Fed is not going to be able to keep rates low and the market will force rates higher.

Grant continues to be bullish on gold. He believes that gold is "nature's money" and is insurance on the Federal Reserve losing control of its massive easing programs.



About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 2.4/5 (7 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK