Gold Stocks Today » currency trading

Fed to Devalue Dollar by 33%?

Chuck Butler — Wed, 08 Feb 2012 17:41:56 +0000

The currencies began to get some wind in their sails yesterday midmorning, and soon an all-out rally was taking place. The currency rally was led by the euro (EUR), just like in the old days, and the euro was getting bought like dealers were giving them away for free! Rumors of the European Central Bank [...]

Fed to Devalue Dollar by 33%? originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

RBA Sounds Upbeat About Global Economic Growth

Chuck Butler — Tue, 07 Feb 2012 16:54:28 +0000

Good day… And a Tom Terrific Tuesday to you! Well… Yesterday, I realized that I couldn’t eat all day on Sunday, and expect to want to eat on Monday! But I’m ready to do so today! HA! I also realized yesterday just what a Donnie Downer I’ve been lately, with my insistence that there’s something [...]

RBA Sounds Upbeat About Global Economic Growth originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Jobs Data Sends Currencies and Gold Lower

Chuck Butler — Mon, 06 Feb 2012 15:44:07 +0000

Good day… And a Marvelous Monday to you! Congrats to the fans of the Big Blue, NY Giants, who are the Super Bowl Champions, after a very entertaining game. It’s very foggy out this morning here in St. Louis, reminds me of the time my beautiful bride and yours truly were driving home from Des [...]

Jobs Data Sends Currencies and Gold Lower originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Currencies Hold Ground Ahead of Jobs Jamboree

Chuck Butler — Fri, 03 Feb 2012 17:25:54 +0000

This morning, the currencies look pretty much like they did yesterday when I left the office… There’s still the Sword of Damocles hanging over the euro (EUR), in the form of Greek negotiations to obtain help from private lenders. This has dragged on now for over two weeks, and I’ve given up on it happening… [...]

Currencies Hold Ground Ahead of Jobs Jamboree originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Who’s Still OK With Deficit Spending Now?

Chuck Butler — Thu, 02 Feb 2012 17:01:36 +0000

I had to laugh yesterday when the New York traders came in and didn’t sell the currencies right away… I said to myself, “Self, maybe the ‘big boys’ read the Pfennig and now know that I’ve uncovered their ‘game,’ so they have to lay low for a while!” HA! Whatever the case, the currencies held [...]

Who’s Still OK With Deficit Spending Now? originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Manufacturing Growth Continues

Chuck Butler — Wed, 01 Feb 2012 16:41:40 +0000

I have to tell you what’s on my mind this morning after watching the price action again yesterday… I know, it’s just me, and no one else in the writing/analyst world will tell you this, because they have no proof… I don’t either, but that never stops me from saying what’s on my mind regarding [...]

Manufacturing Growth Continues originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Currencies Rally on Eurozone Agreement

Chuck Butler — Tue, 31 Jan 2012 17:15:38 +0000

The currency rally that stalled yesterday was back on last night… I have to tell you that I was up most of the night on Sunday and after getting poked and stuck at the doctor’s office yesterday, I went home, straight to my recliner and slept for the next five hours! Then I woke up, [...]

Currencies Rally on Eurozone Agreement originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Greece Disappoints Again!

Chuck Butler — Mon, 30 Jan 2012 18:08:35 +0000

Here we are… The last couple of days of January… So the first month of 2012 is just about over, and already, we’ve heard the Fed push their rate forecast for near zero rates out further, and the Fed laying the groundwork for another round of QE… But… When we began the month/year, everyone was [...]

Greece Disappoints Again! originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Commodities Take Off!

Chuck Butler — Fri, 27 Jan 2012 16:57:47 +0000

The Greek talks returned to the headlines this morning. I know I said this last Friday, and I was a little too optimistic and turned out to be wrong! But… I do expect this agreement on a private-sector involvement in Greek debt to get hammered out this weekend… It seems that the opposition from eurozone [...]

Commodities Take Off! originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Big Ben Discusses Another Round of Quantitative Easing

Chuck Butler — Thu, 26 Jan 2012 17:07:30 +0000

Good day… And a Tub Thumpin’ Thursday to you! I wonder what I’ll talk about today…. Hmmmm… Could it be…. The Fed meeting? Oh, you are so smart! In case you missed this yesterday, because I’m sure the major media outlets couldn’t muster up enough intestinal fortitude to do it, but the Fed threw a [...]

Big Ben Discusses Another Round of Quantitative Easing originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.