Richard Russell- Richard Russell: This could be 2012's "market moving" event

Thursday, May 24, 2012




1.	Yesterday we saw the first big sign of a bottom in stocks

2.	More evidence a long-term bottom in gold and commodities could be forming now

3.	A rare thing happened to gold and silver this week

4.	Why the government doesn't really want you to drive a fuel-efficient car

5.	These charts say gold is set to outperform stocks again

Richard Russell: This could be 2012's "market moving" event

Monday, February 06, 2012
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From Pragmatic Capitalism:

Richard Russell senses something momentous building in the markets, and he’s waiting for the right catalyst. He thinks that catalyst will be an eventual nuclear stand-off between Iran and Israel. In his Friday note he said:

I've been sensing something BIG and ominous is in the offing. What could it be? Ah, a front page article in Sunday's NY Times supplies the answer. Israel will attack Iran with nuclear bombs. Israel must attack this year for this is the year when Iran will have nuclear capabilities.

Actually, the stock market is acting as though something momentous and frightening is 'out there.' The roof of a monster top is building. Gold keeps creeping higher.

If Israel attacks the Mid-East will go up in flames.

Suggestion – dollars and gold. If the dollar collapses...

Read full article...

More from Richard Russell:

Richard Russell: "PLEASE MOVE INTO GOLD"

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

The great Richard Russell issues a super-bearish warning

Topics:		Richard_Russell \| Iran \| War

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