Will Yellen Confirm The March Rate Hike?

* Dollar swings a mighty hammer again.. * Yellen to speak this afternoon.. * Oil and Gold have bad days.. * Italy& Spain print strong PMI’s ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Happy Friday to one and all! Well, I’m not good this […]

Will Trump’s Talk Turn the Trump Rally into Lasting Gold or End in the Trump Dump?

Trump is market magic. The Donald spoke, offering nothing he hasn’t said hundreds of times before in his campaign speeches, and the Dow parted its way through the 21,000 barrier without hesitation. The stock market’s rise from 20k to 21k also tied a record for the quickest 1,000-point gain. How long will […]

Where Have All The Spenders Gone?

* Dollar swings a mighty hammer again.. * U.S. data sends mixed messages * Bank of Canada changes nothing! * Aussie Trade Surplus narrows.. .. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tub Thumpin’ Thursday to you! Another day, another beautiful day, weather-wise. And […]

Fed Speakers Sing From The Same Song Sheet!

* Dollar swings a mighty hammer again.. * Beware the Ides of March. * Bank of Canada meets today! * Trump makes big deal out of Trade Deficit!.. .. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Wonderful Wednesday to you! It’s March! Welcome to […]

It’s Shrove Tuesday!

* Currencies rally in the morning. * Dollar rallies in the afternoon!. * Fed speakers in force today.. * Lots of Q4 GDP reports today.. .. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tom Terrific Tuesday to you! And a GREAT BIG HAPPY BIRTHDAY […]

Rato Goes To Jail!

* Dollar fights back on Friday.. * Waiting for more Trump tweets. * Activity should pick up this week! * Bank of Canada this week.. .. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Marvelous Monday to you! OMG! What a beautiful weekend, weather-wise here! […]

Commodities: A Way To Take Advantage of The Highs & Lows

Commodities are cyclical investments holding value driven largely by the economic principles of supply and demand. As prices fall, supplies are cut and/or demand increases. The reverse is also true; if commodity markets are in surplus, the prices fall until the lower prices spur enough demand to reach equilibrium. So, […]

Mnuchin Needs To Get The Memo!

* Dollar selling is stronger this morning.. * Trump helps weaken the dollar. * Mnuchin sends Gold higher! * All aboard the rally train today.. .. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Happy Friday to one and all! Well, I’m getting started on […]

Fairly Soon.

* The dollar is softer again, this morning.. * FOMC minutes disappoint the markets * Brazil Cuts Selic Rate 75 Basis Points! * Pesos & rand rally past psychological levels.. .. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tub Thumpin’ Thursday to you! Well, […]

Banxico Implements Fancy Pants Intervention!

* The dollar is softer this morning.. * Aussie wage data is soft, but A$ rallies! * Brazil to cut a chunk from their Selic Rate tonight? * Chuck gets on the soapbox regarding the euro.. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Wonderful […]

No Data, 3 Fed Speakers, And Dollar Strength!

* The dollar has the conn this morning.. * A$’s prove resilient though! * Eurozone Flash Composite PMI beats expectations! * Singapore’s 2017 Budget: Fair & Balanced! ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tom Terrific Tuesday to you! What a great 3-day weekend, […]

But, I Hated Statistics In School!

Earlier this month, a friend and I approached Chair 11 at the Vail Ski Resort. “Northwoods Express,” as the chair is known, serves a predominantly intermediate section of the mountain all day, and is a high-volume link from the famous back bowls to the village at the end of the […]

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 […]