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Gold and silver got beat up mid-day today with gold in the mid $1470′s but recovering and currently around $1491. Silver was down approaching $33 at mid-day but recovering to currently by around $34.30. The USDX did hit a high for the day of 75.70 at mid-day but fell as gold and silver recovered throughout [...]

Latest comment by Richard Russell on all the gloating on the fall of silver. He notes it is as if many didn’t get in and now see this as a chance to maybe get in on the silver run. He comments that silver may have a strong surprise rebound. Russell also notes, “The fact that [...]

An article by Richard Russell on how for the past century everything Chinese has been assumed to be cheap. There is a psychology that China is trying to overcome by being the new reserve currency. There is also a great chart of various major countries and their reserves and what percentage of those reserves are [...]

Some thoughts from Richard Russell. He comments that most of Asia is encouraging it’s citizens to purchase precious metals, allowing their people to protect themselves against inflation. He also states Bernanke wants to devalue the dollar but makes the odd comment that at some point the US government might encourage people to buy gold which [...]

latest comments by Richard Russell. He can’t believe the lack of fanfare with the new top in gold. John Embry did make the comment on the weekend that he’s heard people say they don’t expect the public to get excited about gold until it’s over $2000/oz. He also says to ignore the newbie analysts trying [...]