A strong currency move Monday… RBA leaves rates unchanged…And moves bias to neutral…Central Bank warnings have no teeth! And Now… Today’s Pfennig!

Is it time to buy a house? Depends…

What’s new? Nothing much…Markets still moving up…

Bankruptcies, Depressions and Mark Stanford with his Argentine beauty.

I bet you don’t own enough gold. Having physical gold in your possession is always a good idea in times of economic turmoil – there is no “uncertainty hedge” like it.

Gold isn’t going to $2,000 an ounce. Before you gag on your coffee or suffer chest pains, allow me to explain. We’re about eight years into the bull market, and gold has breached the $1,000 level twice and has spent weeks trading above the old high of $850.

Avery Goodman at Seekingalpha.com asks the intriguing question, “Did the ECB Save COMEX from Gold Default?”

Inflation threats are right around the corner. Eric Fry of the Rude Awakening examines 6 ETFs and how to prepare for the “near-certain arrival of inflation.” He says now is the time to be wary of price increases and these ETFs act as an “insurance policy” to hedge against them.

Gold declined on Wednesday, extending the previous session’s 3 percent losses, after Federal Reserve Chairman Ben Bernanke’s reassurances on the outlook for inflation and the economy cooled risk aversion.

European shares gain for third consecutive session… Euro up against dollar, yen as risk aversion ebbs …  SPDR Gold Trust ETF, iShares silver ETF at record