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  • Patriot Day...

    In This Issue..

    * Currencies have strong rally!
    * Trade Deficit jumps 16.3% in July!
    * HR 1207 Gets a hearing!
    * Gold gets back to $1,000!

    Good day... And a Happy Friday to one and all! Today is Patriot Day in the U.S. and a day that brings back memories of cowardly attacks on our country 8 years ago. I remember the shock and horror on everyone's faces, and that image will remain with me to the grave. I also remember trying to write the Pfennig the 'day after'... It just didn't seem that important of a thing to do, but a reader told me that to keep things as 'normal' as possible was the best thing I could do... So... I wrote...

    OK... The currencies, and this time I mean the majority of them not just euro and yen, added to their gains this week VS the dollar yesterday... The Big Dog, euro, is once again knocking at the door to 1.46... Who's that knocking at the door, Who's that ringing the bell? Do me a favor, open the door, and let 'em in......