Comment: Dollar crash within a few months?

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Dollar crash within a few months?

With continued turmoil and uncertainty in global markets, today KWN is publishing another important piece that was written by a 60-year market veteran. The Godfather of newsletter writers, Richard Russell, made this ominous prediction, “In a matter of months, I see the dollar crashing.” Russell also stated that he is buying all of the physical gold and silver he can, “while they are still available.”

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April 22, 2014
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Archivesshapeimage_28_link_0shapeimage_28_link_1 Russell: “For the benefit of new subscribers, I want to state my position. I think the bear market that started in 2007 was interrupted, BUT NOT ENDED, by the Fed. Somewhere ahead, I believe this bear market will run to conclusion. I also believe that the great recession never ended, but was masked by the “manufacture” rally in the stock market. Thus the reason that the Fed cannot produce its much-wanted 2% inflation is that the deflationary pressure of the great recession is still in force. The stock market continues to struggle higher, with the needed help of the Fed’s QE and zero interest rates.