Gold is about to break out

tomorrow

Russell Opinion -- Aside from the Chinese and Indians, the world's population owns no gold. Ask any American whether he owns gold. Ask any fund manager whether he has gold in his fund. As the planet realizes to its horror that all fiat currency is "worthless" fantasy currency, I believe that there will be a world panic to buy gold. This will set off one of the wildest and most explosive bull markets in history.

Meanwhile, the "secondary" monetary metal is silver (often called "the poor man's gold"). Silver is far too cheap compared with its historic ratio to gold, which has been as low as 15 to 1. An ounce of gold now buys 59 ounces of silver.