Richard Russell - $2,000 Gold Shortly, Then $2,500, $5,000 & $10,000

With tremendous volatility in gold, silver and stocks, the Godfather of newsletter writers Richard Russell had this to say in his commentary this week, “I think what I'm most interested in now is whether and to what effect the fading market has on the US economy. I honestly don't think most people are taking this market decline seriously. After all, we "have the marvelous Fed" and the Fed has always come through in an emergency. Besides, probably 90% of living Americans have never seen or lived through what I call really "hard times."

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