LONDON, Aug 16 Gold rose 1.2 percent on Tuesday after the dollar fell to a seven-week low as traders reined in U.S. interest rate rise bets following dovish comments from a Federal Reserve policymaker. Spot gold rose to a session high of $1,355.10 an ounce and was up 1.1 percent at $1,353.55 by 1211 GMT. U.S. gold rose 0.9 percent to $1,359.40 an ounce. Spot gold was within... read more

With continued uncertainty in global markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, warned King World News that we are now only months away from the worst global crisis in history. The Seeds Of The Worst Global Crisis In History “The fate of the global economy was decided decades ago as deficits, debts a... read more

With 13-F reporting season officially open, today's most interesting filing came from the man who single-handedly manages to move the market, based on his CNBC appearances, whether bullish or bearish: Appaloosa's David Tepper. And, according to a quick flip through his latest filed long equity holdings [4], it appears that the "bearish billionaire" bug that recently affected such prominent asse... read more

Central banks are printing money as though the global economy is in freefall … Central banks around the world are now spending $200 billion a month on emergency economic stimulus measures, pumping this money into their economies by buying bonds. The current pace of purchases is higher than ever before, even during the depths of the financial crisis in 2009. –Quartz From Quartz we learn t... read more

IMF’s ‘Substitution Fund’ to kick-start SDR as new global currency? After seven years of Chinese pressure, a plan allowing investors to exchange their U.S. Treasury holdings for SDRs through a ‘substitution fund’ is being discussed. The Big Reset (2013) fully explains the need for a major reform of the world’s financial system. Now, a new anchor for world’s monetary system... read more

On the heels of gold’s biggest year-to-date surge in 36 years, a question arose: Is the gold market really manipulated? “The illusion of central bank control is in full force.” — Dylan Grice Is The Gold Market Really Manipulated? There is a fine line between intervention (in most cases government, resp. political intervention) and manipulation (with the more negative connotation... read more

With continued uncertainty in key global markets, a top analyst says that the price of gold is now set to soar to 71% within 2 years! An An Ominous Warning From Benjamin Franklin “By failing to prepare, you prepare to fail” — Benjamin Franklin The Price Of Gold Is Set To Soar! The relationship between economists and the economy is in many ways reminiscent of that between phy... read more

As we move through the second week of trading in the final month of summer, KWN thought it was important to share some very important wisdom from one of the legends in the business. Russell On Warren Buffett From the Godfather of newsletter writers, legendary Richard Russell: “Warren Buffet was asked how he came to be one of the richest men on earth. He answered that, 1) he was... read more

Jim Grant thinks that gold is misunderstood. Grant, the publisher of the widely respected Grant's Interest Rate Observer, said at a recent conference that gold is not a hedge on monetary disorder because it's an investment in it. According to Matt Borin at the CFA Institute, Grant told the crowd at a recent conference of the New York Society of Security Analysts that the "case for gold... read more