[Note: Grant's comments on gold begin at the 7:12 minute mark.]
“Gold is an example to me of an opportunity," James Grant, editor of Grant's Interest Rate Observer said in an interview this week. "[It] exhibits so many of the characteristics of a corpse, although it does occasionally toss and turn.
"Gold stocks certainly look as if they were dead—but nobody even bothers to poke them with a stick."
"Gold and gold mining shares are very, very cheap. And certainly widely detested options on the failure of this massive worldwide experiment, or demonstration of the hopelessness of the technique of price control.”