Richard Russell – Expect Massive, Radical Change In The Future

As global markets have continued to struggle, today the Godfather of newsletter writers, Richard Russell, warned investors they should be ready to see “massive and radical change,” as global stock markets peak and begin a historic plunge.  He also discussed how the massive plunge in stocks may usher in a new monetary system.

Richard Russell:  “This site will be about the Dow formation that we see below.  This formation is known as the “megaphone formation” or the “broadening formation.”


The broadening formation is indicative of a market in turmoil, with sentiment swinging wildly from one way to the other.  Incredibly, the broadening formation has appeared in every major bear market since 1929.  It appeared prior to WWII in 1929.  It appeared in 1957 and 1965-66.  We saw a broadening top in 1987 and again in 1998-2000.  The most recent broadening formation we saw was in 2004 to 2008.
Read the full article at KING WORLD NEWS

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