Tag Archives: richard russell

Last week, the Federal Reserve proposed placing minimal liquidity requirements on big banks, supposedly to help them weather (coming?) financial storms with more easily accessible cash on hand. This probably would be a good thing for our fragile fractional reserve banking system, as it means less money could be lost by banks that are still […]

Last week it was inevitable that the United States would launch missile strikes against Syria, but just one short week later, things have changed significantly. While it’s futile to predict what will happen today, tomorrow or next week, we know that gold and silver have stood the test of time for thousands of years. So we ask: If you could only bet on just ONE way to store your wealth for the future, why wouldn’t it be precious metals?

The stock market *could* collapse. Just this past week, Gary Savage, publisher of the “Smart Money Tracker”, called for it to crash “10-20% in the next five days.” Maybe Savage’s prediction will prove to be right. The signs for a crash – whether it’s in the next week, the next month, or later into 2013 – are certainly there. But what will happen, what is happening, and what has always happened is inflation. So how do you protect against it?

Peter Schiff was right in 2007. While many of the other “experts” were feverishly telling you to buy stocks, Schiff was one of the few predicting disaster for 2008. This track record alone should have been reason enough to believe him last year when he first predicted a second financial crisis for 2013. But if you carried some skepticism with the new forecast, there’s simply no denying the latest evidence of the stars aligning.