100 Grams Of Gold For Everyone!

* Currencies rally then give back gains! * Tight ranges ahead of 3-day weekend * Very little data, makes for boring price action! * Inflation is rising, what are you going to do about it? ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Happy Friday […]

Suddenly! Inflation? Really?

* BLS says inflation is soaring. * So dollar gets sold, currencies & metals rally! * Tent revival for Global Growth is shaky.. * Rickards says dollar down, Gold up! ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tub Thumpin’ Thursday to you! I can’t […]

Throwing A Cat Among The Pigeons!

* Yellen delivers “the goods” to the dollar bugs!. * Greece to adopt the dollar? * Paper trades prevent a real good day for Gold. * Playing catchup with Chuck’s thoughts! ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Wonderful Wednesday to you! Well? How […]

Happy Valentine’s Day!

* Slight bias to sell turns to slight bias to buy!. * German GDP shows domestic demand! * Gold gets sold for 2nd consecutive day. * Japanese fundamentals. What a mess! ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tom Terrific Tuesday to you! And […]

A Ho-Hum Day.

* A slight bias to sell dollars today. * Gold gives back Friday’s gain! * Riksbank only central bank to meet this week! * N. Korea tests another missile! ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Marvelous Monday to you! It’s going to be […]

The Great Rotation…From Bonds to Gold?

For the past few years, investors have talked about the possibility of a “great rotation,” whereby investors would move assets from bonds into equity funds. It never really came to fruition. But now, some analysts believe this could be happening. Over the past six months, the yield on 10-year Treasury […]

Tax Reform Talk Gooses The Dollar.

* The dollar fights back. * Banxico hikes rate 50 Basis Points! .. * China posts strong trade numbers! * Gold gets whacked.. AGAIN! ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Happy Friday to one and all! It’s Friday! YAHOO! Of course I remember […]

Do You Know What The U.S.’s #1 Asset Is?

In This Issue. * Currencies, still drifting away. * RBNZ deep sixes kiwi .. * Banxico to hike rates today? * Gold rises and Oil rebounds! *************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tub Thumpin’ Thursday to you! I’m really draggin’ the line this […]

Drifting Away.

* Currencies, metals drift around. * Chinese reserves fall below $3 Trillion.. * RBI to surprise markets today?. * Oil slips downward again! ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day.And a Wonderful Wednesday to you! Right up front today, I’ll tell you that the scans I […]

The End Of The Fed’s Innocence?

And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tom Terrific Tuesday to you! What a mess yesterday! I truly apologize for the very late delivery of the Pfennig yesterday, although it was posted to the website (www.dailypfennig.com) at its regular time, the delivery was held up […]

Jobs Jamboree Is A Mixed Bag-O-Nuts..

* Currencies drift overnight. * Chuck points finger at ECB not Germany.. * RBA to meet tonight. * Follow up on Deutsche Bank’s problems.. And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Marvelous Monday to you! I’ve been up a couple of hours now, so instead […]

A Jobs Jamboree Friday!

In This Issue. * Dollar fights back on stronger data. * A$ proves its resiliency after “the call” * It’s PMI week around the world!. * Follow up on the great gold thief! ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Happy Friday to one […]

Groundhog Day!

* Aussies print record Trade Surplus!. * And that kicks the Asian currencies into rally mode!. * BOE meets this morning, nothing expected. * A Global Growth tent revival? *************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tub Thumpin’ Thursday to you! Yesterday, I plum […]

Navarro Sends The Dollar To The Woodshed!

Good Day… And a Wonderful Wednesday to you! I’m going to have to leave for my scan this morning before I finish the letter, so I will hand it off to Chris Gaffney & Mike Meyer for them to put the finishing touches on it for me… Yesterday saw the […]

Currency Trends 101.

* Bias to sell dollars remains. * But no conviction to sell also remains. * Did the BOJ have a stealth-like meeting?. * Is Volatility returning to the markets? ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day.And a Tom Terrific Tuesday to you! Well, here we are, […]

Big Data and Event Filled Week!

* Awful U.S. data sends dollar down. * Gold fights back. * Oil remains above $53. * Big Ben chimes in . ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Marvelous Monday to you! Man, what a kick-back, do nothing but read and write weekend […]

Guess the Top Performing Metals So Far In 2017 (Hint: Not Gold)

“Gold touches two-month high as Trump uncertainty hits dollar.” 1 “Gold ends near 10-week high in Trump era as dollar wobbles.” 2 “Gold Hits 2-Mo. High On Safe-Haven Demand, Weak U.S. Dollar” 3 These are just some of the recent headlines on gold. As you can see, the precious yellow […]

Stocks Outperform Everything!

Good Day. And a Happy Friday to one and all! Well, here we go! The end of a long week, but a good week for the currencies, and not so much for Gold. This morning after all is said and done, I’ll take Kathy to the airport, so she can […]

What’s Going On With Pound Sterling?

* Currencies remain steady Eddie. * Gold loses $9 to reason, no data. * NZ CPI beats expectations, kiwi rallies. * Stuck in the mud . ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tub Thumpin’ Thursday to you! Front and Center this morning, my […]

Wait? What? No Reinvestment?

* Currencies remain steady Eddie. * Gold loses $9 to reason, no data. * Aussie CPI narrowly misses forecast. * Revival of Keystone pipeline boosts loonies! . ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Wonderful Wednesday to you! Up front and center this morning, […]