Richard Russell – Silver, Heroin & Another Great Depression

Tuesday, April 1, 2014
By Paul Martin
April 1, 2014

With continued chaos and uncertainty in global markets, today KWN is publishing another important piece that was written by a 60-year market veteran. The Godfather of newsletter writers, Richard Russell, covers everything from silver and gold, to heroin and another Great Depression. He also included a key portion of an article that reveals an increase in shared living in the U.S. because Americans continue to struggle in this fragile economy.

Russell: “Rolling Stone magazine includes a lengthy article on heroin in Vermont. The article is mind-blowing. The incidence of heroin addiction in Vermont is beyond belief — it is amazing and ominous. The whole state appears to be high.

The latest trend in America is evidently shared living. According to the Christian Science Monitor Weekly:

“The still-high cost of housing — especially in urban areas such as New York and San Francisco — the sluggish economy, and the steadily rising number of single, unmarried adults in the United States all factor into the 11.4 percent increase in the number of shared households in the country between 2007 and 2010. In addition, Goldscheider says, another trend — the increase in the average square footage of homes — makes it easier for those in multimember households to get along without too many arguments about who gets the bathroom next.”

The Rest…HERE

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