Richard Russell – Gold Stampede & My Biggest Fear For The US
KingWorldNews.com
June 25, 2014
At nearly 90 years old, the Godfather of newsletter writers, Richard Russell, discussed his biggest worry about the United States. If Russell’s worst fear is realized, it would absolutely devastate an already crumbling middle class in the US. The 60-year market veteran also warned of a coming “melt-up” in the gold and silver markets.
Russell: “Below I show gold along with its On-Balance-Volume at the top of the chart. Note that OBV tuned up before the big up-thrust last week. This tells me that the huge move in gold was not just a violent one-day short-covering panic, but gold was being accumulated prior to the up-thrust.
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