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« Stock Trader Update 07 February 2014 | Main | Embry - Global Markets Are Now Subject To Total Collapse »
Thursday
Feb062014

Richard Russell - Collapse To Be Brutal As US Lies To Its People

With continued chaos and uncertainty in global markets, today KWN is publishing an incredibly powerful piece that was written by a 60-year market veteran.  The Godfather of newsletter writers, Richard Russell, is warning that the coming collapse will be brutal, and he also accused the US government and the Fed of lying to US citizens.

Russell: “Old timers remember the terrible Dust Bowl of the 1930s.  Now we have the “Dry Bowl” of the 2000s.  The West is now suffering from the longest period of no rain and aridity in memory.  It's going to drive up the price of all agriculturals.  For years I've been telling fellow San Diegans to plant cacti instead of grass.  These people used to laugh at me.  They no longer laugh.

 

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In September 2011 the Gold Bugs index, the HUI stood at 630 as gold prices peaked, since then both have trended lower with the HUI losing about 65% of its value. The bottom has been called a number of times and after such a dramatic decline its difficult not to think that we are there now. However, as we all know the timing of any investment is crucial to its success and that is exactly what we are trying to do here, trying to pick advantageous entry and exit points. If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

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