Grant's Interest Rate Observer

For as long as memory serves Jim Grant has been a successful contrarian prognosticator of financial markets.  His bi-weekly newsletter costs $1,000 per year, out of the range of the ordinary investor. It's safe to say his following is largely among the professional money manager class.  The interview linked here, provides an opportunity for a "free" look at Grant's take on the future.  Consistent with his philosophy and belief that market forces in the end overwhelm all attempts to manipulate and control things by government, Grant's message now is to load up on cash and be ready for the inevitable run up in interest rates and collapse of stock prices.  This strikes this conservative as very good advice.