"At 90 years old and still going strong, the Godfather of newsletter writers, Richard Russell, warned that the current financial system is going to tear itself apart. The 60-year market veteran also discussed gold and the U.S. dollar, and warned about a possible stock market crash.
Russell: “The Aden sisters (they flew up from Costa Rica to attend my 90th birthday party), have studied gold for decades -- they are indeed gold experts. In their recent report, the Adens note that gold runs in cycles. Gold tends to form key bottoms every 7-8 years, and it forms key tops every 11 years. The Adens believe that gold is now in the process of forming an important bottom, prior to the beginning of a new bull market to start next year..."
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/26_Richard_Russell_-_Current_Financial_System_To_Tear_Itself_Apart.html
No comments:
Post a Comment