The dollar rallies big time!  A dollar conspiracy?  Bailing out the automakers?  Weathering the storm in N.Z.?
And Now… Today’s Pfennig!

The bear market in commodities may last for six to nine months before prices rebound in 2Q of next year, according to a report by Bloomberg.

The report is just the latest in a series of Big Media stories on the death of the six-year commodities bull run, aka “the commodities bubble.”

Eric Roseman in The Sovereign Society says the mainstream press have got it wrong on commodities. What we are seeing is a correction in prices, not a trend reversal. And it’s creating the best entry point for new investors in more than three years. 

The dollar may have gotten up from its death bed, but the recessionary US economy will limit the recovery time, says The Daily Reckoning’s currency expert, Chuck Butler.

Don’t mistake the U.S. dollar’s recent rally for strength. If anything, it’s a head fake of legendary proportions. In fact, the dollar’s recent run-up is actually a warning that risks are escalating.

Cautious trading seen ahead of Fed. Gold stayed almost entirely within a tight $5 range from the far East straight through the New York session on Monday, finishing at $893.20, up $8.20 from Friday. Overnight, gold has fallen off.

We’ve seen this type of dollar frenzy before, but calmer heads have always come back to the table to point out the awful fundamentals that the dollar carries around like an albatross around its neck.