One week before the BOJ shocked the world by adopting negative interest rates and unleashed the next leg lower in global risk assets, it warned everyone "please not to worry, all is under control"

Moments ago at least Yellen had the courtesy of "warning" market participants in general, and banks and savers in particular that legal, logistical or monetary concerns aside, the Fed is already evaluating the possibility of negative rates.

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

The key take-away: focus on owning income-producing assets, not a primary residence.

One truism of investing is to follow the lead of those who are building wealth. This chart reveals the foundation of the wealth of the top 1% and the next 9%; business equity, i.e. ownership of enterprises. Compare the assets boxed in red:

Earlier today we reported that Saudi Arabia has made a “final” decision to invade Syria.

Of course they won’t use the term “invade.” They’ll say the same thing the US says, which is that they need to send in a limited number of ground troops to help fight ISIS.

The timing of the announcement quite clearly suggests that the Saudis are going to try and shore up the rebels who are facing imminent defeat at Aleppo where Hezbollah, backed by Russian airstrikes, is about to overrun the opposition.

On October 16, 2015, I warned that the banking industry was entering a strong cyclical AND structural downturn. See the full explanation below...

This is a chart showing the how well that warning has panned out thus far...

This is the best quarterly performance for Gold in 30 years...

And as Mike Krieger of Liberty Blitzkrieg blog details, physical demand is soaring...