Richard Russell Warned People To Prepare For Something Worse Than 1929 – 1932 & Will U.S. Seize Gold?

Tuesday, April 19, 2016
By Paul Martin
April 18, 2016

As people continue to digest breaking news from around the world, the Godfather of newsletter writers, Richard Russell, warned people last year to prepare for something worse than the global collapse of 1929 – 1932. Russell also answered the all-important question: Will the U.S. seize gold?

Richard Russell: “Subscribers may remember that I thought the stock market would have a melt-up before it settled into a destructive bear market. It occurs to me that the chances of a melt-up are diminishing because the market is losing its upside momentum.

Prepare For Something Worse Than 1929 – 1932
My thinking is that the market is preparing for one of the worst bear markets in history, one that will out do the 1929-32 affair. My old friend, Robert Prechter, of Elliot Wave fame, believes the Dow will go below 400. If this happens I think there will be doubts about whether the US can survive.

The Rest…HERE

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