Richard Russell Warns People Must Prepare For Something Worse Than 1929 – 1932 … Will U.S. Seize Gold?

• Richard Russell Warns People Must Prepare For Something Worse Than 1929 – 1932 … Will U.S. Seize Gold?
  by www.kingworldnews.com  
  As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, warned people to prepare for something worse than the global collapse of 1929 – 1932.  Russell also answered the question:  Will the U.S. seize gold?
  –
  Richard Russell:  “Subscribers may remember that I thought the stock market would have a melt-up before it settled into a destructive bear market. It occurs to me that the chances of a melt-up are diminishing because the market is losing its upside momentum.
  –
  Prepare For Something Worse Than 1929 – 1932
  My thinking is that the market is preparing for one of the worst bear markets in history, one that will out do the 1929-32 affair. My old friend, Robert Prechter, of Elliot Wave fame, believes the Dow will go below 400. If this happens I think there will be doubts about whether the US can survive.
  –
  read more!

end