Richard Russell Just Exposed A Coming Event That Is Going To Shock The World!

Posted by Richard Russell via King World News

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King-World-News-Richard-Russell-Predicts-A-New-World-Currency-Is-On-The-Way-But-Here-Is-The-Biggest-Surprise-1728x800 c

King-World-News-Richard-Russell-Predicts-A-New-World-Currency-Is-On-The-Way-But-Here-Is-The-Biggest-Surprise-1728x800 cAs the world continues to digest breaking news out of Greece and Ukraine, the Godfather of newsletter writers, 90-year old Richard Russell, also warned the world is completely unprepared for this and told investors how to position themselves..

Richard Russell:  

The Disease – Deflation And A World Drowing In Debt

“The world’s balance sheet is heavily skewed toward debt and loans. On the asset side of the balance sheet we have gold and silver currencies.

The Cure That Will Shock The World – Reset Gold Price To $5,000 or $10,000!

What would make the balance sheet look saner and increase the asset side? It would be to reset gold to a much higher price. Why is it that nobody is writing about this? Resetting the price of gold to $5,000 or $10,000 an ounce would be a mighty step against deflation.

Reset Happened Before – Buy Gold & Silver While They Are Cheap And Available

I find it odd that no media has mentioned this. If the price of gold is reset it will be sudden and when nobody is expecting it. The price of gold was reset in 1933, in the depths of the Great Depression. Advice — buy physical silver and gold while they are cheap and available.

Exter’s Pyramid And Gold

I recently read a long article on deflation versus hyperinflation. The piece drew attention to my old friend John Exter’s inverted pyramid of asset classes. At the bottom of the pyramid is gold, the safest of all investments. The problem is that the world choking on too much credit. The giant mass of credit and loans is deflationary and is causing deflation

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Gold Repricing And Hyperinflation

Nobody is talking about increasing the gold portion of the inverted pyramid (see above). To do that would simply require a reset of the gold price to some higher number. Strangely, nobody mentions the price of gold. Raising the price of gold would overnight expand the basis of the inverted pyramid. This would allow the world to continue on its current path. Ultimately I see hyperinflation in our future; my advice is to buy physical gold while it’s cheap and available.”

….the above is the summary of two articles on King World News, Feb 23rdl HERE & Feb 26th HERE