Silver as an investment

Category Archives: Grant’s Interest Rate Observer

Is Bridgewater A Fraud? Here Are The Troubling Questions Posed By Jim Grant

Jim Grant, author of Grant’s Interest Rate Observer, first hinted last week that not all is well when it comes to the world’s biggest hedge fund, Ray Dalio’s $160 billion Bridgewater (of which one half is the world’s biggest risk-parity juggernaut). Speaking to Bloomberg last week, Grant said he was “bearish” on Bridgewater because founder […]

Jim Grant On Complexity: The Hidden Cost Of Central Bank Actions

Authored by Jim Grant of Grant’s Interest Rate Observer, Central banks are printing rules almost as fast as they’re printing money. The consequences of these fast-multiplying directives — complicated, long-winded, and sometimes self-contradictory — is one topic at hand. Manipulated interest rates is a second. Distortion and mispricing of stocks, bonds, and currencies is a […]

Bernanke Responds To RBS’ Libor Manipulation Charges

Courtesy of Grant’s Interest Rate Observer

Grant’s Interest Rate Observer: Free Best Articles Compilation

For those bored with watching how much higher Getco and Citadel’s algos can take the market on a resolution that is adverse for the US economy, that cuts consumer spending and cash flow, that does not address the real issue: government drunken sailor spending, and that means America will now labor for the next two […]

“How High Can Gold Go?" "There Is No Telling" James Grant Tells CNBC

    Gold surged higher in all currencies today which saw gold reach new record highs in euros, Swiss francs and Brazilian real.However determined selling blocked the moves higher and prices are back at the levels that they started the day. Today’s AM fix was USD 1,773.75, EUR 1,361.28, GBP 1,089.19 per ounce.Yesterday’s AM fix […]

Jim Grant Discusses The Fed’s ‘Backward Shooting Gun’, And Black Walnut Tree Treasury Replacements

Yesterday, when discussing the forthcoming implications of the Libor scandal, we said that in the barrage of coming lawsuits, “the entity that will be sued by proxy is the Federal Reserve, whose Federal Funds rate is really the setter for the baseline Libor rate.” This claim came at an opportune time, just hours before one […]

Jim Grant: "The Federal Reserve Is The Vampire Squid Of Vampire Squids"

Munch’s “The Scream” may be all the rage today, but to Jim Grant, in his latest interview on Bloomberg TV, the record price paid for the painting is not so much a manifestation of modern art as one of modern currency: “This is the flight into things from paper” . Thus begins the latest polemic […]

Jim Grant On Gold-Backed Bonds And ‘The Hope Leeches’

James Grant, of Grant’s Interest Rate Observer makes some thought-provoking statements in his must-listen Bloomberg Radio interview with Tom Keene today. While noting America’s exceptionalism (h/t Clint Eastwood?), he perhaps doesn’t mean all American…