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  • We Won't Get Fooled Again!

    In This Issue..

    * Bernanke digs out some old words...
    * Risk on, Risk off...
    * Brazil to have a different meeting outcome?
    * Winter Olympics are in Canada...

    Good day... And a Terrific Tuesday to you! What a ride on Mr. Toad (Bernanke's) Wild Ride yesterday for the currencies! Gold? Well, at one point in the day, Gold had shot up $24 on the day! It topped out at $1,142... The shiny metal then gave some back on profit taking, but Whew! Gold holders have got to love it! Those that keep waiting for a pull-back... Well, they might be still waiting when the cows come home...

    Yesterday, we had a couple of Fed Heads talking, but the Big Kahuna, stood out, and moved the markets with his statements... Here's the skinny......
  • The ECB Clash Over Policy Again...

    In This Issue..

    * Initial Jobless Claims rise...
    * PPI does too!
    * Euros get hung out on a line...
    * Gold makes a comeback!

    Good day... And a Thunderin' Thursday to you! It may not be Thunderin' where you are, but apparently it was yesterday in my little river town, as I heard we had some shingles blow off... And... It certainly is Thunderin' over in the Eurozone this morning, I'll tell you why in a minute. So, let's get going don't want to get caught in any of that Thunder!

    I finished the last of my 3 presentations yesterday, and called it quits, as far as walking back and forth to the Conference Center. They'll just have to do without me at the booth! But the presentation was good, I think, and I made some very important points. None of which, were brand new to Pfennig readers!...
  • A Moon Shot for the Euro!

    * Euro hits 1.50! * A general rout on the dollar overnight! * No Plunge Protection Team sighting yet... * Data sends the dollar to the woodshed!...