Posts Tagged ‘Richard Russell’
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 [...]
Ignore the Day to Day Noise and Hunker Down for the Payoff
READ THE FULL ARTICLE I asked my friend Trader David R where the bottom is, after today’s mauling. He replied: Technically it looks like we could test $1,555.00. That is my level where I will sell my kids, my house, my wife and buy as much gold as I can! I think we are going to soon see the levels of a lifetime to buy..... as Bill Gross [...]
Thursday was a big winner for us gold and silver bugs
READ THE FULL NEWSLETTER O.K. Thursday was a big winner for us gold and silver bugs. Gold finally managed to close ABOVE $1,750. Silver finally closed above $34. Things are looking up. We just finished the strongest January in years and February is starting out STRONG. The next major resistance for gold is $1,800 and for silver [...]
Overt or Covert, “QE to Infinity” is Here
READ THE FULL NEWSLETTER Back in August 2011, a whopping five months ago, I was AMAZED when the Fed outwardly expressed its FEAR of global economic COLLAPSE by announcing an extension of its "ZIRP," or Zero Interest Rate Policy, until "at least mid-2013." I have long espoused that Bernanke & Co. have never had a clue what they were [...]
Bullish on Silver
READ THE FULL NEWSLETTER Silver to Break $100 in 12 to 24 Months - John Embry, Sprott Asset Management _________________________________________ Please check out the following YouTube video on the National Debt. It is wonderful and I have no doubt that you will forward it to your friends and family. DEBT LIMIT - [...]
What do I think will happen in 2012?
READ THE FULL NEWSLETTER Russell's warnings continue. He sums up the stock market, the economy and the election as follows: Subscribers who are buying or holding stocks on the on the basis of the better employment news should remember that deteriorating internals in the face of improving newspaper headlines give us the worst of all [...]
Knock, knock! Are you listening? Buy the dips!
READ THE FULL NEWSLETTER Knock, knock! Are you listening? Buy the dips! Today is one of those days. Gold will not stay below its 200-day moving average, a rare event indeed, for long. It’s 11:30 New York time on Wednesday morning and everything is down big-time today. The euro plunged below 1.30; the Swiss franc is now down to [...]
Gold was a big winner in eight of the last ten years
READ THE FULL NEWSLETTER Monday night I had dinner with an old friend. We were discussing the Miles Franklin Report and Andy Hoffman’s new Rant and he said, “There is just too much information for me to read. I don’t have the time.” Hogwash! It’s not a matter of “not enough time,” it’s a matter of what each of you chose [...]
