Richard Russell - 白銀現在勝過黃金及美聯儲害怕

理查德·羅素 - 白銀現在勝過黃金及美聯儲害怕
Richard Russell - Silver Now Outpacing Gold & Fed Frightened
March 21, 2012
Translation by Autumnson Blog

With gold holding near the $1,650 level, today the Godfather of newsletter writers, Richard Russell, had this to say about what is happening in the gold, silver and stock markets: “The greatest credit bubble in history has burst. The world markets are now under long-term pressure from deleveraging and contraction, all as a result of the correction of the boom (bubble) since World War II.”
隨著黃金企近1,650美元的水平，今天投資通訊作家的教父理查德·羅素有這樣的說法，關於金、銀、股市發生中的情况：“歷史上最大的信貸泡沫已經爆破，世界市場現正經受來自去槓桿化和收縮的長期壓力，全成為自世二戰以來的熱潮（泡沫）調整結果。“

Richard Russell continues:
理查德·羅素繼續：

“The bear market that started in May 2007 was temporarily held back by a frightened Fed, which pumped multi-trillions of dollars into the system. As a result, stocks have pushed up as they respond temporarily to the actions of the Fed. All of which gives us the confused picture that we have been dealing with ever since January.
“開始於2007年5月的熊市暫時被受驚的美聯儲扣住，它注數萬億美元入系統中。因此，股市已推高以暫時回應美聯儲的行動。所有這一切都給我們混亂的畫面，自一月往後我們一直在處理。

Conclusion -- My PTI remains bullish. To turn bearish, a new declining column would have to be a length of eleven boxes, taking it below the little three-box reversal. The arrow points to the box that would have to be filled in order to turn my PTI bearish. That would require eleven declining boxes from the current high.
結論 - 我的PTI依然是看漲的，要轉熊市，一個新的下降列要有十一個箱的長度，帶它在小三箱逆轉的下面，箭頭指向的箱會要被填滿以圖將我的PTI變為看跌，那就要從目前的高位要求11個下降箱。

Silver is now outpacing gold on a relative strength basis. Central Fund of Canada (CEF) is made up of roughly half silver and half gold. The fund actually owns the physical metals. I believe CEF is an item worth holding if you have it -- with silver looking increasingly attractive. If the P& F chart below hits 27, that would be impressively bullish.
白銀在相對強度的基礎上現在超越黃金，加拿大中央基金（CEF）是由大約一半白銀和一半黄金做成，該基金實際上擁有實金屬。如果你有，我相信加拿大中央基金是一件值得持有的項目 -- 隨著白銀看起來越來越有吸引力。如果下面的點數圖掂中27，那將是令人印象深刻的牛市。

The P&F chart below shows the ratio of silver to gold. The ratio is bullish which means that silver is stronger than gold on a relative strength basis. If the ratio hits 24, it will be very bullish for silver vs. gold.

Late Notes -- Reacting to the current forces of contraction and deflation, gold turns temporarily soft, as it awaits the next actions of the central banks, all of which are starting to pump and create more fiat money.”


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/21_Richard_Russell_-_Silver_Now_Outpacing_Gold_%26_Fed_Frightened.html