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  • Germany & France Post 3rd QTR Growth...

    In This Issue..

    * Risk Aversion fuels dollar rally yesterday...
    * Eurozone growth may stop the Risk Aversion...
    * Budget Deficit is a record $176.4 Billion!
    * Euro, Swiss, Aussie, Norway, all cheaper today!

    Good day... And a Happy Friday to one and all! Let's try to make this a Fantastico Friday as well! The Risk Aversion that was creeping into the currency markets yesterday really took hold in the U.S. trading session, which meant the dollar was being bought once more, along with Japanese yen...

    It just makes me laugh out loud, when I write that the 'safe haven currencies' during Risk Aversion trading are the dollar and yen... These two countries have debt up to their eyeballs, pay no interest on their deposits, and have a leadership deficiency... (ok, before every begins to think that I'm ripping the president again, I'm not... I'm talking about the Central Bank, and lawmakers of each country)...
  • Making The Fed Reserve Accountable!

    In This Issue..

    * Currencies sold overnight
    * But rebound in early morning trading...
    * China throws cold water on stock values...
    * German exports rival the Big Kahuna!

    Good day... And a Terrific Tuesday to you! I returned home from San Francisco last night, and am back in the saddle today! Not the way I like to travel, where I get a day when returning home to recharge the batteries, but it is what it is... I did an interview with MarketWatch yesterday morning, talking about... Well, what else? The deficits, and diversification! My presentations in S.F. were well attended... On Saturday, my power point froze up, but I carried on in spite of the technical difficulties!

    You know... I really, heard a lot of people talking about the rumor / conspiracy story that there will be a bank holiday at the end of the month (this weekend) and the Gov't will announce major changes to the currency... Now, before anyone begins to believe that I am on board with that rumor / conspiracy story, STOP! I am NOT! I've read all the theories, and I've heard all the information regarding this, but just do not understand why this would be done... So... I just wanted to throw it out there, and let you all know where I stand on this......