By Graham Summers We are getting clear signals from the “smart money” that something bad is looming on the horizon.The most obvious signal comes from the ultra-wealthy (those worth $20 million or more) who are rapidly moving out of paper assets and into real assets. For this reason, I want to draw your attention to the fact that the super-wealthy are currently moving their money out of[...]
Tag: Oil
Richard Russell – Meltdown In The U.S. Dollar & Oil To Hit $150
At nearly 90 years old, the Godfather of newsletter writers, Richard Russell, warned about a possible meltdown in the U.S. dollar and also said that oil is headed to $150. If the 60-year market veteran’s worst fear is realized, it will absolutely devastate an already crumbling middle class in the US. Russell: “My single biggest worry is the US dollar. It's now clear that Russia and China are [...]