Free Republic

Earlier we joked that some people thought today's rally was the result of the election outcome in Wisconsin last night. Well, serious people think so too. James Grant, of Grant's Interest Rate Observer, was just on CNBC, and this is what he told Maria Bartiromo: "...Today i think part of the source of the levitation was the Scott Walker triumph in Wisconsin." He explained: "People maybe are discounting the prospects of a return to something like freer if not free markets come the Fall if Romney or GOP decisively wins." Grant also said he expects a third round of quantitative...

CHARLESTON, S.C. — Newt Gingrich has moved to capture some Republican voters who lean toward Ron Paul and other Republicans who were Jack Kemp followers by naming two gold bugs to the Gingrich future team of advisers. The former House speaker says he intends to appoint investment banker Lewis E. Lehrman, famous in the Reagan era for his red suspenders and gold-standard advocacy, and Jim Grant, editor of Grant’s Interest Rate Observer, as President Gingrich’s Gold Commission - if and when of course Mr. Gingrich wins both the Republican nomination and the general election in November. Mr. Paul, a Texas...

Interest rate historian and contrarian guru James Grant put the double-whammy actions of Ben Bernanke and President Obama into perfect perspective Thursday when he noted that the Fed had moved past "central banking into central planning." Bingo! Grant went on to say that the Fed was "trying to impose prosperity through manipulation." Bingo again! Think about that phrase -- "to impose prosperity through manipulation." It is brilliantly succinct and accurate in describing what is going on in our nation's economy.

Bond legend Jim Grant tells King World News there's only one way out of America's debt hole: "Well, in my mind it will resolve them necessarily by undertaking the step of restoring the dollar to convertibility into gold.” Grant has been calling for Bernanke's resignation for months. He says the debasement of fiat currency will continue and this will drive a gold rally. “To me the gold price takes the form of a very uncomplicated formula, and all you have to do is divide one by ‘n.’ And ‘n’, I’m glad you ask, ‘n’ is the world’s trust in the...

Jim Grant, who will never be accused of being a fan of the Criminal Reserve, and whose views on what will happen to asset prices in a printer-happy world are gradually being validated, appeared on Bloomberg TV, telling Margaret Brennan upfront that Bernanke owes the world an apology. Alas, after various revolutions around the world have been catalyzed by Bernanke's policies, we have a feeling that ever more oppressed people will soon see the Printer in Chief as a patron saint of violent revolution, alas against crony regimes fully supported by the US (and hopefully the US will view it...