“‘The past 10 or 12 years in respect to Fed policy and the general suppression of the rate of interest’ has sowed the seeds for the ‘regional-banking problems the debt drama, the debt ceiling,’ Grant said.”
USAGOLD note: Grant says that the suppression of rates has created “all manner of distortion in American finance.” So much so, that it is impossible to know where the next shoe is going to drop. That level of uncertainty will make it difficult for investors to find a place to park capital. So what should an investor be buying? Gold, Grant says…… A long-time critic of Fed money-printing policies, Grant holds nothing back in this interview.