Dollar rallies on N. Korea warning…  Emerging Markets decouple…  A debt upgrade for New Zealand…  Swiss francs rise despite SNB warnings… And Now… Today’s Pfennig!

We’ve been so caught up watching stocks soar we haven’t paid much attention to one of our favorite asset classes: commodities.

Industrial Production declines…  Stocks sell off, leading currencies down…  Indian election spurs a rally…  China stockpiles commodities… And Now… Today’s Pfennig!

Why invest in commodities? Two and a half billion people are going to live like Americans in the next 20 years and prices go up over time, that’s the nature of inflation.

I have studied inflation’s effect on economies and consider myself an expert on the subject. I have written extensively on the subject and have given speeches on how people can protect themselves from the coming boom in inflation. Recently, on eBay I purchased a bunch of authentic 100 trillion dollar bank notes from Zimbabwe for a few dollars each.

Currencies trade in a tight range…  All Risk takers… Out of the pool!  Retail Sales really disappoint!  A plethora of data reports today… And Now… Today’s Pfennig!

We’ve received some questions recently, asking for more details on one of the most effective and profitable investment strategies that you can use in a market like this. It’s called put option selling.

Gold ticked higher in volatile trade on Thursday, underpinned by improving investment appetite and gains in other commodities such as oil and metals and despite the dollar rising against the euro.

With Monday’s surprise announcement, China dropped a bombshell on global currency markets. Action to take: Get out of the U.S. dollar. Now. Right now.

While gold had a big run-up in price during the three-month stretch that ended in late February, the yellow metal has subsequently dropped back a bit, as have the prices of the leading mining shares. If anything, however, the reasons for gold bullishness have intensified.