Every quarter, the Fed's Flow of Funds report discloses - among many other things - the total U.S. household net worth, and every quarter for the past two years this number has steadily gone up, hitting fresh all time highs with every new release, most recently $96.2 trillion, to widespread cheers from both the financial press and the public, as well as the administration.
In an otherwise quiet session, Sunday's convincing election victory for Japanese Prime Minister Shinzo Abe’s ruling coalition, which gave it another constitution-changing supermajority, pushed the Nikkei to the highest level since 1996, after a record 15 consecutive days of gains - the longest winning streak on record - and sent world stocks to new all-time highs on Monday.
Authored by Dan Glazebrook via RT.com,
Exactly six years ago, on October 20th, 2011, Muammar Gaddafi was murdered, joining a long list of African revolutionaries martyred by the West for daring to dream of continental independence.
Submitted by Ronan Manly, BullionStar.com
Official gold reserve updates from the Russian and Chinese central banks are probably one of the more closely watched metrics in the gold world. After the US, Germany, Italy and France, the sovereign gold holdings of China and Russia are the world’s 5th and 6th largest. And with the gold reserves ‘official figures’ of the US, Germany, Italy and France being essentially static, the only numbers worth watching are those of China and Russia.
From the first moment chemical weapons were used on the Syrian battlefield, the American public was led to believe that only one side could possibly be responsible. The constant refrain in the echo chamber of US government officials and the mainstream media was that only the Assad government possessed chemical stockpiles and the technological capability of deploying such heinous weapons, therefore blame for each and every chemical attack from Ghouta to Khan Sheikhoun was laid at the feet of Assad and the Syrian military.