R. Russell – Skyrocketing Gold & Silver Prices Ahead As Global Crisis Accelerates

Posted by Richard Russell via King World News

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lr4lAs people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, warned that we will see skyrocketing prices for gold and silver as the global crisis accelerates.  He also discusses Silver Scarcity.

Richard Russell:  I note that many advisors are warning of massive movements in the stock and bond markets ahead. Some are warning of a crash in the US dollar. The rising dollar has hurt US exports.

The Truth, QE4 And Silver Scarcity

My suspicions are that the government and the Fed have praised the US economy beyond reality. In due time, the truth will come out. The US economy is sadly lagging and a few observers have even suggested that the US economy is in recession. If this turns out to be true, the dollar will crash and the Fed may even turn to QE 4. It’s a dramatic situation unlike anything I’ve ever seen. Physical silver will be scarce in the coming months and is now priced below the cost of production…...continue reading a viewing charts HERE