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Richard Russell On Gold
Gold Eagle ^ | 25 Nov 2009 | Richard Russell

Posted on 07/21/2025 6:23:49 AM PDT by delta7

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History repeats….as do Economic cycles….our current Gold Bull has just begun.
1 posted on 07/21/2025 6:23:49 AM PDT by delta7
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To: delta7

“History repeats….as do Economic cycles….our current Gold Bull has just begun”

It is only half way to the 2015 value you predicted in 2014!


2 posted on 07/21/2025 7:04:08 AM PDT by TexasGator (1.here is no Sharknado system)
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To: delta7

que the bitcoin bugs in 3.......2........1........


3 posted on 07/21/2025 7:05:10 AM PDT by wny (s)
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To: delta7

I’m not seeing it. The time to buy gold was the last quarter of 2022, 3rd quarter or 2018, and last quarter of 2015. Silver? That’s a different story. Gold may go up, but if you’re still waiting to buy, you missed the prime time to buy.


4 posted on 07/21/2025 7:07:27 AM PDT by eastexsteve
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To: eastexsteve
Perhaps, perhaps not. It all depends on what the rise in the price of gold looks like. While the current price of $3,405.01 per ounce might appear to be at its peak, that may pale if it rises to 10K per ounce, which actually pales to 1 bitcoin currently priced at 119,047.00.

The reason for the disparity, is that bitcoin is, like fiat money, easy to exchange than is physical gold.

5 posted on 07/21/2025 7:59:21 AM PDT by Robert DeLong
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To: delta7

“History repeats”

Yhen gold will be flat for the next six years?

Gold:

2009 - $1,000
2015 - $1,000


6 posted on 07/21/2025 8:40:42 AM PDT by TexasGator (/I1.here is no Sharknado system)
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To: delta7

If I could do 2009 over again I would buy single family homes and watch as they appreciate 300 percent.


7 posted on 07/21/2025 8:47:38 AM PDT by Sawdring
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To: Sawdring

“If I could do 2009 over again I would buy single family homes and watch as they appreciate 300 percent.”

Always a good long term plan if you can manage it the renters. Leveraging would net more than 300%.

I moved frequently so never took that path.

ETN - + 1500%

AAPL - + 35005


8 posted on 07/21/2025 8:55:52 AM PDT by TexasGator (/I1.here is no Sharknado system)
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To: delta7
"Demand for gold held up as investors looked for safe places to park their cash. Gold is seen as both an alternative to a weak dollar and a safe-haven investment because of its stable store of value. That has helped drive gold prices to record highs this year."

Certainly it had NOTHING to do with bank shenanigans and their manipulation of paper 'gold' assets...
9 posted on 07/21/2025 9:31:38 AM PDT by larrytown (A Cadet will not lie, cheat, steal, or tolerate those who do. Then they graduate...)
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To: delta7
"November 25, 2009"

Why post a sixteen year old article?

Current market trends are not interesting enough for gold bugs?

10 posted on 07/21/2025 9:34:28 AM PDT by Widget Jr (⚖️🔒⛓️ Martin Armstrong belongs back in prison. ⛓️🔒⚖️)
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To: delta7

I have been ‘stacking’ when I can about 20 years now. I have NEVER heard an advertisement or “expert” say “NOW is the time to SELL gold.”


11 posted on 07/21/2025 9:49:33 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: Widget Jr; delta7

See my #6


12 posted on 07/21/2025 10:05:38 AM PDT by TexasGator (11/I1.here is no Sharknado system)
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To: Widget Jr; delta7

#”Current market trends are not interesting enough for gold bugs?”

Delta7 used to say worldly treasures were meaningless; the only treasures were heavenly treasures.

Been awhile since he last posted that.


13 posted on 07/21/2025 10:08:28 AM PDT by TexasGator (11/I1.here is no Sharknado system)
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To: Organic Panic

One never sells his financial “insurance “.


14 posted on 07/21/2025 10:19:58 AM PDT by delta7
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To: eastexsteve

I’m not seeing it
————
Cycles, things are the way they were when Sir Russell wrote the article.


15 posted on 07/21/2025 10:21:39 AM PDT by delta7
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To: delta7

“One never sells his financial “insurance “

Get buried with the gold?


16 posted on 07/21/2025 10:52:25 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: wny

What’s wrong with bitcoin.

I am buying gold, silver, bitcoin, and other alt coins.
I am also going heavy into the stock market on a variety of stocks.


17 posted on 07/21/2025 11:02:50 AM PDT by packrat35 (Pureblood! No clot shot for me!)
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To: delta7
"One never sells his financial “insurance “."

I hid mine in my mother's basement and some maintenance dude found my stash. Fool sold it for pennies on the dollar.

signed, Martin Armstrong

18 posted on 07/21/2025 11:11:52 AM PDT by TexasGator (11/I1.here is no Sharknado system)
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To: delta7

“Cycles, things are the way they were when Sir Russell wrote the article.”

That was 2009 when gold was $1,000.

In 2015, six years later, gold was $1,000.

If I read you correctly, cycles repeat, gold has plateaued and we will see no gains until 2031.


19 posted on 07/21/2025 11:15:39 AM PDT by TexasGator (11/I1.here is no Sharknado system)
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To: delta7

Article: “What would Jesus say about our modern merchandise-loaded Christmas?”

“What would Jesus say about your fascination over gold.


20 posted on 07/21/2025 2:24:35 PM PDT by TexasGator (11/I1.here is no Sharknado system)
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