With continued chaos and uncertainty in global markets, today KWN is publishing another incredibly important piece that was written by a 60-year market veteran.  The Godfather of newsletter writers, Richard Russell, warns that “gold is being outrageously manipulated,” as the Fed prepares to stun the world by opening up “the floodgates of liquidity” for “QE5.”  He also discussed Putin, stocks, the Great Recession, and China.

Russell:  “Success in investing includes a number of nonspecific items.  Patience, avoidance of greed, desire for peace of mind, avoiding huge losses, experience and judgment.  From the low of 2009, the major Averages have more than doubled, and have moved into overvalued territory in terms of book value, price to earnings and dividend yield. 

….read more HERE