If the market is topping, it’s doing so in the face of rosy news in every area except for employment and there is nothing more ominous than a stock market turning down in the face of a “bright” economy. At such times, nobody is ready or positioned for a sudden...
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Richard Russell: Why I’m in Cash and Gold – What About You?
Richard Russell’s Friday Comment
Courtesy of Market Watch:
“Over the holiday, I’ve been reading the gold advisories that I usually follow. Almost without exception, they’ve had their subscribers trade out of gold. … I’ve said over and over ad nauseam, that you can’t out-trade a powerful bull or bear market. Bull markets like this gold bull market come along,...
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Richard Russell’s Latest Comment
Richard Russell is the dean of newsletter writers, having started in the 1960s or 1970s. He has been bullish on Gold since 2000. I know a lot of folks like to say they were bullish on Gold in 2000 or 2001, but that is just dishonest. It is the folks like Russell who count,...
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