Wealthion, Released on 2/19/25

For Part 2 of this interview, CLICK HERE

Trey Reik welcomes legendary financial thinker James Grant to uncover the truth behind today’s markets. In Part I, Grant draws on decades of market wisdom to reveal how misdirected capital and misperceived risk are shaping today’s financial system—and why history holds the answers to navigating the future of markets and macro.

Key Takeaways:

• How low interest rates have distorted markets & misallocated capital
• The repeating cycles of investor behavior & market psychology
• Why gold remains the ultimate monetary asset in times of uncertainty
• The overlooked lessons from financial history

0:31 – Big Apple Greetings: Cool City, Hot Gold
1:29 – 42 Years Unfiltered: Rediscovering Grant’s Mission
3:25 – From Rolodex to Digital: Navigating the New Market
11:23 – Speculative Signals: Unraveling the Everything Bubble
19:48 – The Waiting Game: Unmasking the Malinvestment Puzzle

James “Jim” Grant is an American writer and publisher and the founder of Grant’s Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant’s television appearances include “60 Minutes,” “The Charlie Rose Show,” Bloomberg TV, CNBC and other well-known financial news sources. His journalism has appeared in a variety of periodicals, including the “Financial Times”, “The Wall Street Journal” and “Foreign Affairs.”

  economy, gold, interest rates, investing