Thursday, May 24, 2012

 
 
 
 
 
Richard Russell: "PLEASE MOVE INTO GOLD"
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Thursday, January 12, 2012
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From Investment Postcards from Cape Town:

... For a decade I have been urging my subscribers to move into gold – either physical bullion or otherwise. Now I am at it again, PLEASE MOVE INTO GOLD. Those who think gold has lapsed into a bear market simply do not know what they are talking about. Gold has simply been correcting in an on-going bull market.

This is a time when almost every central bank in the world is grinding out paper currency, grinding it out by the car-load. This is a time when people are searching for safety. People are frightened and confused. Where is the land of safety?

There is only one safe asset on the planet: that safe asset is gold. Uninformed people believe gold is just a commodity. Wrong, gold is...

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More from Richard Russell:

Richard Russell: Gold will be "the last man standing"

Richard Russell: 12 tips for surviving the "End of America"

The great Richard Russell issues a super-bearish warning

Topics: Richard_Russell | Gold | Inflation
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