Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold Gains While Stocks Struggle Higher
By: Chris Mullen, Gold Seeker Report

It’s Lose-Lose For The Fed And For Everyone
By: Dave Kranzler

From China, translated from the Chinese: 'GATA is not wrong'
By: Chris Powell

Michael Pento: Finally, Corporate Stock Buybacks Blow Up
By: John Rubino

The New Safe Haven: Gold Stocks!
By: Stewart Thomson

Stock Market Hangs on Edge of Very Big Cliff
By: David Haggith

Will gold and silver miners join the lawsuits against JPMorganChase?
By: Chris Powell

The Surprising Major Demand Factor That Drives The Gold Price
By: Steve St. Angelo

Why Do Investors Tolerate It
By: Keith Weiner

Watch This Chart to Get the Jump on the Fed’s Big Announcement
By: Rick Ackerman

 
Search

GoldSeek Web

 
Jim Grant Is “Very Bullish On Gold”


 -- Published: Wednesday, 24 August 2016 | Print  | Disqus 

Jim Grant is “very bullish on gold” due to deepening concerns of a crash in sovereign debt. The monetary historian and expert, financial journalist and editor of the investment newsletter ‘Grant’s Interest Rate Observer’ is always worth reading and listening to.

Grant gave voice to his deepening concerns in an excellent interview with Swiss business newspaper ‘Finanz und Wirtschaft’ (Finance and Economy):

“From multi-billion bond buying programs to negative interest rates and probably soon helicopter money: Around the globe, central bankers are experimenting with ever more extreme measures to stimulate the sluggish economy.

This will end in tears, believes James Grant. The sharp thinking editor of the iconic Wall Street newsletter «Grant’s Interest Rate Observer» is one of the most ardent critics when it comes to super easy monetary policy.

Highly proficient in financial history, Mr. Grant warns of today’s reckless hunt for yield and spots one of the biggest risks in government debt. He’s also scratching his head over the massive investments which the Swiss National Bank undertakes in the US stock market.”

As to what investors should do to protect themselves from this risk, Grant is very clear:

“I’m very bullish on gold and I’m very bullish on gold mining shares. That’s because I think that the world will lose faith in the PhD standard in monetary management. Gold is by no means the best investment. Gold is money and money is sterile, as Aristotle would remind us. It does not pay dividends or earn income. So keep in mind that gold is not a conventional investment. That’s why I don’t want to suggest that it is the one and only thing that people should have their money in. But to me, gold is a very timely way to invest in monetary disorder.”

Gold and Silver Bullion – News and Commentary

Gold Prices Edge Higher on Weaker Dollar (WSJ)

Gold futures finish higher in volatile trading (MarketWatch)

Gold attempts modest gains as traders look ahead to Yellen speech (Investing.com)

North Korea fires submarine-launched ballistic missile towards Japan (Reuters)

Earthquake Shakes Central Italy, at Least 12 Reported Killed (Bloomberg)

Inverse relationship between gold, stocks has never been this extreme (MarketWatch)

Monetary policy has nationalized Japanese stock market, CLSA analyst says (CNBC)

Tiny bead from Bulgaria may be world’s oldest gold artifact (Reuters)

India’s gold smugglers shut out refiners, banks (Reuters)

Is the EU Volcano About to Erupt? (MishTalk)

Gold Prices (LBMA AM)

24Aug: USD 1,337.30, GBP 1,010.73 & EUR 1,185.38 per ounce
23Aug: USD 1,338.50, GBP 1,015.25 & EUR 1,181.09 per ounce
22Aug: USD 1,334.30, GBP 1,018.20 & EUR 1,181.26 per ounce
19Aug: USD 1,346.85, GBP 1,026.30 & EUR 1,189.67 per ounce
18Aug: USD 1,347.10, GBP 1,023.93 & EUR 1,190.84 per ounce
17Aug: USD 1,342.75, GBP 1,031.23 & EUR 1,191.96 per ounce
16Aug: USD 1,349.10, GBP 1,039.89 & EUR 1,197.33 per ounce

Silver Prices (LBMA)

24Aug: USD 18.84, GBP 14.23 & EUR 16.70 per ounce
23Aug: USD 18.98, GBP 14.40 & EUR 16.75 per ounce
22Aug: USD 18.91, GBP 14.45 & EUR 16.74 per ounce
19Aug: USD 19.42, GBP 14.80 & EUR 17.14 per ounce
18Aug: USD 19.78, GBP 15.04 & EUR 17.47 per ounce
17Aug: USD 19.57, GBP 15.04 & EUR 17.37 per ounce
16Aug: USD 20.04, GBP 15.43 & EUR 17.77 per ounce

http://www.goldcore.com/us/


| Digg This Article
 -- Published: Wednesday, 24 August 2016 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.