Jim Grant Lays Out His Top 3 Undervalued Assets
Today he tells us why we should own gold:
"The world ought to have much less faith in central banks, and as that reasoned distrust of a broken model grows, the gold price, I think, will appreciate,"
His second favorite asset class is Russian oil companies such as Lukoil (LUK) which he says are selling at large discounts to global peers.
Grant's third idea is a bit eccentric, it is "historic" documents.
He explains in detail in the video below: