Richard Russell: The Master Speaks

Posted by Michael Berry Ph.D

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Whenever I am able I read Richard Russell’s prescient musings on the world’s capital and commodity markets I take advantage of the opportunity.  Yesterday his advice was particularly pertinent.  Mr. Russell believes we are on the threshold of something entirely different. He said,

“The age of instant communications has arrived with the advent of the telephone, the cell phone, the fax, the hand cranked or windup radio and TV.  The wonderful living standards of the developed nations are no longer a secret the rest of the world (it’s just human nature) wants to have what we have, namely freedom and prosperity.”