Richard Russell – Gold & Silver On The Verge Of Accelerating
January 15, 2013
With gold near $1,670 and silver above $31, today the Godfather of newsletter writers, Richard Russell, told his subscribers that gold and silver are now on the verge of accelerating. Russell also wrote about life during the Great Depression, where he sees key markets headed, and life’s hard lessons. Here is what Russell had to say: “Our perceptions of ourselves are formed in our infancy in our unconscious. They are formed by our early reactions to the way our parents treated us. This is one of the most important facts that I’ve ever learned. I grew up during the Great Depression.”
Richard Russell continues:
“Both of my parents had unfortunate and frightening lives. Both my mom and dad had a parent die when they (my parents) were young. On top of their personal tragedies, they had to deal (in their 30s and 40s) with the worst depression in US history. During the Depression, my dad had a nervous breakdown and was unemployed for a while. My mom went to work at the US Census Bureau.
What did I learn from my parents? I learned that all supplies, food, money, heat, good things, are strictly limited. It was never revealed to me that God is the unlimited source of all supply. I also learned from my frightened parents that one must save for a “rainy day.” During the Great Depression, many “good” companies went bankrupt.