Richard Russell – Get Ready For Massive QE3 & Epic Inflation

Wednesday, August 15, 2012
By Paul Martin
August 15, 2012

Today the Godfather of newsletter writers, Richard Russell, wrote a special report stating that a massive QE3 is now headed our way, along with epic inflation. He also covered gold. Here is what Russell had to say: “There’s nowhere to hide. Governments will opt for their favorite remedy — inflation. Inflate away the debt. Problem — a little QE3 won’t help, if the Fed really wants to jazz up the economy, it will have to be a massive QE3.”

Richard Russell continues:

“The only investment secret is what comes next?

Next — it’s gold’s turn to move to the forefront. If gold starts to move, and it is moving a bit, then the beaten down gold mining stocks should start heading North. The two ETFs that I like are shown below.

Below, we see three years of GDX, the ETF for the senior gold mining shares. The three year chart shows GDX’s very extended recent correction.

The Rest…HERE

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