Richard Russell

Richard Russell Articles

GOLD - I'm going to start this Letter with two very important charts. The first is a Point & Figure chart of gold going back to 1999. What I want to point to is this huge "head-and-shoulders" bottom formation. This is not just any old...
I've been doing a lot of thinking (what else is new?). In fact, I woke up at 2AM Saturday morning, and I realized that something was bothering me. What could be bothering me? You guessed it, the stock market and the action of the market...
Barron's Confidence Index is the ratio of the yield of best-grade bonds to the yield on medium grade bonds. When the bond crowd gets worried, they move to the best-grade bonds and the CI declines. The latest CI is a shocking 68.0 down from...

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It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.