Posts Tagged ‘Richard Russell’
We Are Right!
READ THE FULL NEWSLETTER The following commentary from Richard Russell is as perfect of an analysis of what many of us face every day from the people around us that never bought into our view of gold, the dollar, the economy and the stock market. The smugness on their faces says it all. They need not rub it in. May 8 2013 Gold -- In all my [...]
Hand Holding 101
READ THE FULL NEWSLETTER For the sake of simplicity, let’s classify the people who own gold into three groups. There are the true believers, and they are in the minority. I classify myself in this camp. Then there are the people who start to lose faith as the price falls and they look for someone to blame for their (paper) losses. [...]
A Different Way to Look at Inflation Over the Last 45 Years
READ THE FULL NEWSLETTER Starting this year, an appalling 21 new taxes go into effect to pay for Obamacare. For starters, you'll pay more in capital gains taxes. And taxes on dividends are going up, too. Most Americans are already struggling to save for retirement... but all these new taxes are a real slap in the face to responsible citizens [...]
The Primary Trend
Read the Friday Afternoon Wrap-Up for 2/8/2013 and the Monday Morning Commentary for 2/11/2013 When I commenced my “TEN YEARS OF HEAVEN AND HELL” in May 2002 (soon to be eleven), my first “shadow world” mentor was Richard Russell; a shrewd, hard-edged New Yorker that moved to San Diego decades ago. It was he – and shortly [...]
A Discussion of Larry Edelson’s Latest Take on Gold
READ THE FULL NEWSLETTER I am not picking on Larry Edelson. But Andy Hoffman and I are in complete agreement that people like Edelson, who try and influence our readers to “time the market” and “trade the market” and whose advice has kept people on the sidelines for the last $200 move up in gold are doing our readers a huge [...]
Rose Colored Glasses
READ THE FULL NEWSLETTER Most of the people I talk to about the sad state of our economy totally reject my point of view. Last week, a successful professional woman stopped me dead in my tracks, in the middle of a sentence, and said, “I refuse to believe that there is no hope.” I didn’t actually say there was “no hope,” I said in [...]
Russell & Sinclair out of touch?! You gotta be kidding!
READ THE FULL NEWSLETTER Today, I received an email from someone I have known for over 20 years. He made his first – and a quite substantial silver purchase from me five or six years ago. He does his own reading and research and tries, against my best advice, to trade gold and silver. Fortunately for him, he has a lot of money to [...]
Sell Dollars, Buy Gold!
READ THE FULL NEWSLETTER In today’s daily, Richard Russell says China is swapping its hoard of dollars for gold. If correct, that in itself will fuel the bull market to heights that will make your head spin. Jim Sinclair shouts QE to infinity is as certain as death and taxes! These are two of the most highly respected (by me and many [...]
Up in Asia, Down in NYC
READ THE FULL NEWSLETTER Just like last night, gold, silver, platinum and palladium are on the rise in Asia. The Asians buy physicals. As the sun moves to the West, you can usually expect selling to commence at exactly 3:00 a.m. when they arrive at work in London. By 8:00 a.m. the sell-off games continue at the COMEX as the funds and [...]
Bonds or Gold?
READ THE FULL NEWSLETTER As my long-time followers know, I have the UTMOST respect for Jim Sinclair. His feel for the future is beyond logic. It is very disturbing then, to see him write the following today: According to Dean Harry Schultz, the way to live your life involves the following: Money in one country - Citizenship in a [...]
