Monday, March 9, 2009

Have Enough Gold?

Richard Russell thinks the market and the economy will be "even worse than the bears envision"... After reading an article by Cliff Küle M-AA* Paul Krugman saying the stimulus plan is not enough, Richard asks himself if he has enough gold and worries that the budget deficits are going to be "mind-blowing"... includes remarks by Michael Pento who correctly predicted last year's commodities collapse - Pento says we are in for a massive inflation cylce ... chart (click to enlarge) courtesy of Richard shows recent correction in gold as a buy point... http://www.321gold.com/editorials/russell/russell030909.html

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