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  • I Love It When A Plan Comes Together!

    In This Issue.

    * Currencies & metals rally!

    * New Speculation adds drama to FOMC.

    * Aussie dollar hits parity!

    * New Zealand and their deficit.

    ...
  • A 2-year High For Aussie Dollars!

    In This Issue..

    * Euro rebounds from Friday sell-off...

    * Banging on China again...

    * Will FOMC announce more QE?

    * Deficit spending continues...

    ...
  • The Flight To Safety Returns...

    In This Issue..

    * Dollar, yen, francs & Gold rally...

    * Yen hits 15-year high VS dollar...

    * Will the BOJ intervene?

    * Aussie job data gets revised down...

    And Now... Today's Pfennig!

    ...
  • FOMC Day Today!

    In This Issue..

    * Markets in 'lock-down' mode...
    * Aussie Consumer inflation rises...
    * Brazilian Central Bank meets today...
    * David Galland and Bill Bonner together!

    Good day... And a Wonderful Wednesday to you! We're back to the frigid temps here in St. Louis, but, Shoot Rudy, IT IS January! So, I'm going to warm you up today with a collection of thoughts, not only mine, but a couple of my fave writers... David Galland, and Bill Bonner! WOW! A Dynamic Duo of writers if there ever was one! So... Let's get to the goings on in the currencies and then hit the collection of thoughts!

    When I signed off yesterday, the dollar was swinging the hammer, and all the non-dollar currencies, except Japanese yen, were getting nailed... That hammer swinging ended in the morning session here in the U.S., and the currencies did rebound a bit VS the dollar as I headed out the door for home... Overnight, we've seen no movement at all... Nothing, nada, zero, zilch, a great big goose egg, for currency movement......
  • On The Soapbox!

    In This Issue..

    * Currencies trade in a tight range...
    * Soapbox talk...
    * QE talk...
    * FOMC Day

    Good day... And a Wonderful Wednesday to you! I've got an interesting thought for you all this morning... I think you'll want to read what I have to tell you this morning and not just skip to the Big Finish! HA! But first, a review of what happened yesterday and in the overnight markets. Are you ready? Then let's go!

    Well... Yesterday did NOT turn out to be a Turn-Around Tuesday after all... The small rally I saw right before signing off on the Pfennig yesterday, went 'poof' and it was gone. The currencies then traded in a tight range the rest of the day. The High Yielders and Commodities have really taken on some water in the past two days.

    ...