Gold firmed today, Thursday, as weakness in the dollar prompted interest in the precious metal as a currency hedge, with some physical demand after the previous session’s fall also supported prices.

More range trading…  SNB doesn’t target the franc…  Norges Bank cuts rate but looks forward…  Buy your gold and Snickers! And Now… Today’s Pfennig!

In the gold business, there are two kinds of companies, says mining guru Doug Casey. First, there are the companies that dig gold out of the ground after it has been discovered. These are the “producers.” These companies have done well during the current gold bull market – up as much as 200% during that period.

Apparently, the horrifying news of negative interest rates does not register with these morons; the bartender went back to talking to the pretty girl at the end of the bar, and the other barfly customers were flipping those little beer-stained cardboard coasters at me saying, ‘Shut up!