De godfather van de financiële adviesbrieven, Richard Russell, heeft ondanks zijn leeftijd (87) niet aan enthousiasme ingeleverd. Hij blijft een uitgesproken believer van de stierenmarkt in goud.

Richard Russell benadrukt dat de grootste stijging van goud nog steeds voor ons ligt!

“Day after day, everyone asks whether gold has topped out. Nobody ever asks whether the market has topped out. Think about it, we’re in a low inflation, low investor fear environment, a dollar that appears to have bottomed and is now firming, and still gold holds above 1700 an ounce. This is a remarkable performance aided by heavy buying in China, India, and Asian nations. But what happens when we hit the inevitable inflation; when investors fears are on the rise? To conclude, gold is holding well in an environment that is not bullish for gold, but in due time, the environment will turn highly bullish for the yellow metal. Do not time your gold purchases. Simply continue to accumulate gold. The skyrocketing phase lies ahead, maybe one to three years.. “

>>> Het Grondstoffen Rapport

> Via www.slimbeleggen.net

Dat is de donkere boodschap die Richard Russell voor ons heeft. En meneer Russell heeft op zijn 85-jarige leeftijd al het één en ander meegemaakt! Als uitgever van de Dow Theory Letters is hij overigens één van de beste market-timers van de afgelopen decennia.

Enkele uitspraken:

… something dramatic lies ahead. I believe we’ve been experiencing a rally within a continuing primary bear market. Over recent months, I’ve warned that the rally shows signs of topping out. If or when a bear market rally tops out, the losses can be horrific.

“If this entire bear market rally is fated to fall apart, the losses and troubles will be fearful and traumatic. This is true because I’ve never seen a time when so many people were unprepared to withstand a crumbling market or a sinking economy”

En nog één uitsmijter: hope for the best, prepare for the worst!