Tag: King World News

DAMN THE U.S. LIES, BULLSHIT & PROPAGANDA

With continued chaos and uncertainty in global markets, today KWN is publishing an incredibly powerful piece that was written by a 60-year market veteran.  The Godfather of newsletter writers, Richard Russell, is now becoming more vocal about the the United States government lying to its people.  He also discussed major moves by the Chinese, why the stock market will crash, and what is happening with gold, and particularly silver.

Russell: “It’s not the troubling news that’s making the hair on the back of my neck stand up, it’s the lying and BS and propaganda that I can’t stand.  For instance, we’re being told bold lies about the US economy.  From what I hear and what I can dig out, the US is in recession and has been since late 2007.  Bernanke left office believing (hoping) that the US economy was improving.

Now Janet Yellen is Chair of the Fed, and she is hoping that Bernanke was right.  Yellen notes that retail sales and housing and job growth and industrial production have slowed, but she blames all this unsatisfactory data on the rotten weather we’ve been experiencing.  The latest is that Yellen will continue tapering.  Good luck Madam Yellen.”

Read the rest at King World News

RICHARD RUSSELL PREDICTS HYPERINFLATION WITH STOCKS, GOLD & SILVER SKYROCKETING

I don’t know whether Richard Russell is a contrarian indicator or a prophet. I used to pay for his daily newsletter. I enjoyed reading his ramblings. In late 2007 he advised his readers to go all in on stocks. I thought he was nuts and cancelled my subscription. We know what happened next. In my opinion, his credibility was shot. Now he is advising people to go into stocks to benefit from the coming hyperinflation. I think I’ll ignore his advice once again.

With continued chaos and uncertainty in global markets, today KWN is publishing an incredibly powerful piece that was written by a 60-year market veteran. The Godfather of newsletter writers, Richard Russell, is now warning that the world is going to witness a terrifying hyperinflation. He also discussed how this hyperinflation will impact major global markets, including stocks, gold, silver and other hard assets.

“I believe all primary trends run to conclusion. All primary trends end in exhaustion and extremes in blue chip prices. The primary bear market that started in 2008 was never allowed to run its full course to completion. At the 2009 low, the market was severely oversold and in need of a “rest.” At that same time a terrified Federal Reserve stepped in with massive infusions of liquidity, thereby giving impetus to the upward correction that had started in the stock market. I believe the Fed’s machinations will set off hyperinflation somewhere during the next two to four years. I believe hyperinflation will be followed by a continuation of the primary bear market.”

Read the rest of the article at King World News.