Jim Grant Sounds Like Harry Browne in this interview

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FarmerD
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Jim Grant Sounds Like Harry Browne in this interview

Post by FarmerD » Sat Mar 22, 2014 2:31 pm

Grant seems to be channeling Harry Browne in this interview with Maria Bartiromo.  In this short interview, he makes a few interesting observations that should be familiar to people on this forum.
 
- He says he cannot foretell the future price of any asset nor can anyone else
- Janet Yellin and her great corps of PhD's can't tell the future any more any anyone else
- He says gold should be seen as a type of insurance against the actions of the Central Bankers
- Gold should not be thought of as a commodity, rather gold is a legacy form of money
- Stocks are an optimistic asset since it is a productive asset but Gold is not a productive asset and should be thought of as a pessimistic asset i.e. insurance
- Gold will still be around after all the Fed's PhD's have faded into oblivion

I need to read up a little more on him.

http://www.grantspub.com/resources/video.cfm
goodasgold
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Re: Jim Grant Sounds Like Harry Browne in this interview

Post by goodasgold » Sat Mar 22, 2014 5:21 pm

FarmerD wrote: Grant seems to be channeling Harry Browne in this interview with Maria Bartiromo.  In this short interview, he makes a few interesting observations that should be familiar to people on this forum.
 
- He says he cannot foretell the future price of any asset nor can anyone else
- Janet Yellin and her great corps of PhD's can't tell the future any more any anyone else
- He says gold should be seen as a type of insurance against the actions of the Central Bankers
- Gold should not be thought of as a commodity, rather gold is a legacy form of money
- Stocks are an optimistic asset since it is a productive asset but Gold is not a productive asset and should be thought of as a pessimistic asset i.e. insurance
- Gold will still be around after all the Fed's PhD's have faded into oblivion

I need to read up a little more on him.

http://www.grantspub.com/resources/video.cfm
James Grant is a brilliant and far-sighted individual. If Janet Yellen (and her predecessor, Helicopter Ben) had had any sense, she would resign tomorrow and recommend that Grant take her place. As for an interview with Grant, a more specific URL is:

http://www.goldmoney.com/research/video ... s?start=42
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I Shrugged
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Re: Jim Grant Sounds Like Harry Browne in this interview

Post by I Shrugged » Sun Mar 23, 2014 8:23 pm

Yes, you should read or watch Jim Grant every chance you get, IMO.
Stay free, my friends.
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