Friday, November 12, 2010

Richard Russell: The most profitable gold rally is yet to come

From Trader's Narrative:

... It would seem that Russell has basically given up on trying to time the market's gyrations, writing recently that "the stock market is too unsettled, too questionable, for me or my subscribers to assume an all-out bullish or bearish position."

But he continues to be an unabashed gold bull. This is the one market he has been pounding the table about for quite a long time, and he has been absolutely correct. To my chagrin, it took me far, far too long to realize that gold is indeed in a secular gold bull market. And of course, the next thought after that is the dread that it will be soon over.

Russell puts those thoughts to rest, writing recently...

Read full article...

More from Richard Russell:

Richard Russell: "Gold fever" is coming

The one chart that scares Richard Russell

Richard Russell: Everything you need to know about gold in three sentences


View the original article here

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