Once again the subject of intervention is making its way around. This one is relatively believable  because it involved the Swiss Franc. For better part of this year, Swiss National Bank has been warning about and threatening with intervention. As far as we know, they delivered on these promises at least three times so far. While […]

Japanese Yen is the talk of the day so far, in currency circles. Very strong moves right after the open deserve attention. JPY has been gaining ground in an accelerated fashion over last few days. Virtually all of recent good fortunes of the Yen are attributed to comments made by the new Japan’s finance minister. On […]

Gold has been in the news a lot lately. Reasons are many and varied, but mostly because it is around historically, and psychologically, important level of $1000 per ounce. This alone creates tremendous buzz among both media and investors. One can’t avoid hearing and reading about. My personal interest is in precious metals is two pronged: […]