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FSN: Richard Russell: I Haven’t Seen Anything Like This In 60 Years
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
from King World News
On the heels of continued fears in the aftermath of the chaos out of Cyprus, and more concerns about the global banking system, today the Godfather of newsletter writers, Richard Russell, warns about something that he hasn’t seen in his 60 years of watching markets. Below is what Russell had to say to subscribers:
“Investors continue to be amazingly complacent (the VIX is below 13). The prevailing sentiment is — nothing bad can happen as long as Ben Bernanke is in control. And if something bad does occur, why worry — we’ll just step aside and get into cash. This actually may make sense to most people, but what bothers me is that it is so darn pat. I want to be optimistic, but when nobody worries, I worry.
Continue Reading at KingWorldNews.com…
2013-04-03 12:32:40
Source: http://silveristhenew.com/2013/04/03/richard-russell-i-havent-seen-anything-like-this-in-60-years-2/
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