With gold near $1,670 and silver close to $32, the Godfather of newsletter writers, Richard Russell, discussed a couple of global indexes, highlighted gold and the mining sector with some fascinating charts, and asks, what about Germany? Here is what Russell had to say: “Will Germany shock the world by pulling out of the eurozone? Germany’s stock index has been consolidating, but I don’t like the look of MACD. Germans are dreaming of getting back their beloved Deutsche mark — I think they’ve had enough of the euro.”
Richard Russell continues:
“The German stock index has been moving sideways — which way is it going to break? We should know soon.
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