Jim Grant: “This Will Turn Out To Very Bad For Many People”

Monday, August 22, 2016
By Paul Martin

by Christoph Gisiger via Finanz und Wirtschaft,
Aug 22, 2016

>”The stock market is at record highs and the bond market is acting as if this were the Great Depression… the Fed is virtually a hostage of the financial markets. When they sputter, let alone fall, the Fed frets and steps in… the Fed is justified in that belief because it is responsible to a great degree for the elevation of financial asset values… and to me, gold is a very timely way to invest in monetary disorder.”

The Rest…HERE

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