Are We Revisiting 1973?

A Pfennig For Your Thoughts September 17, 2019 * It’s all about the dollar again this week… * Is the Fed about to disappoint the markets? Good Day… And a Tom Terrific Tuesday to you! My beloved Cardinals got back on the winning side last night, but the problem remains […]

September 16, 2019 Count Draghila Strikes!

A Pfennig For Your Thoughts September 16, 2019 * Saudi Oil supplies take a hit from a drone attack! * Oil soars, the Petrol Currencies follow, and Gold soars… Good day… And a Marvelous Monday to you! What started out to be a great weekend for my beloved Cardinals turned […]

Chuck Reads Draghi’s Mind!

A Pfennig For Your Thoughts September 12, 2019 * Currencies remain in tight ranges… * Trump & Xi decide to not go all-in with tariffs… right now that is! Good Day… And a Tub Thumpin’ Thursday to you! I’m not going to participate today in any Tub Thumpin’, so I […]

Euro Traders Seem To Be Frontrunning The ECB…

A Pfennig For Your Thoughts September 11, 2019 * Currencies trade in tight range, except euros… * Russia believes that the Oil price will fall to $40… Good Day… And a Wonderful Wednesday to you… Well, today is the we observe our 2nd day of infamy… To this day, I […]

Credit Card Debt In The U.S. Soars Higher!

A Pfennig For Your Thoughts September 10, 2019 * It took a day, but rubles finally get bought! * Currencies trade in tight range yesterday, but slip overnight Good Day… And a Tom Terrific Tuesday to you… No baseball for me last night, and I really don’t get excited any […]

Russian Economy Continues To Grow, 5 Years After Sanctions

A Pfennig For Your Thoughts September 9, 2019 *China cuts reserve requirement ratio 50 basis points! * U.K. surprises with a 0.3% GDP growth print for July! Good Day… And a Marvelous Monday to you… Well, my beloved Cardinals have taken over 1st place in the Central Division, and widened […]

Here Goes Silver!

A Pfennig For Your Thoughts September 4, 2019 * Currencies get up off the mat! * Eurozone Retail Sales in July go negative! Good day… And a Wonderful Wednesday to you! Another near no-hitter was pitched by the Cardinals Jack Flaherty last night… he was sailing along, and one mistake […]

The Trade War Goes Into A Higher Gear!

A Pfennig For Your Thoughts September 3, 2019 * But dollar bugs won’t be distracted, they keep buying dollars! * Chuck takes us back to his days as a cashier in Des Moines, Iowa! Good Day… And a Tom Terrific Tuesday to you! What a great weekend here in my […]

A Tale of Taels

A Pfennig For Your Thoughts September 2, 2019 Have I Got A Treat For You Today! Good day… And a Fantastico Friday to you! This is out of the ordinary, me writing on a Friday, but I’m going to do very little of the writing. Instead, I have a special […]

Did Mnuchin Just Give No Intervention A Vote Of Confidence?

A Pfennig For Your Thoughts August 29, 2019 * The dollar continues to rule the roost * Gold fights the dollar bugs, and wins! Good Day… And a Tub Thumpin’ Thursday to you! Well… one of my good friends (Kevin, aka Webbie) said to me last night… “Well, your short-n-sweet, […]

U.K. PM Johnson To Suspend Parliament…

A Pfennig For Your Thoughts August 28, 2019 * Back to the dollar bugs ruling the roost… * But the dollar can’t hold Gold in check! Good Day… And a Wonderful Wednesday to you… A Chamber of Commerce Day here in the St. Louis region yesterday… And I failed to […]

Why Can’t The Powers That Be Allow Markets To Be Markets?

A Pfennig For Your Thoughts August 27, 2019 * Currencies, Gold, bonds all are none events on Monday * Japan’s Fin Min is worried about the yens latest move…. Good Day… And a Tom Terrific Tuesday to you… Back to regular programming today… I drove through what felt and looked […]

Trade War Begins To Get Real Ugly…

A Pfennig For Your Thoughts August 26, 2019 * Gold soars on Fed’s waffling… * Trump Practices singing a Brenda Lee song… Good Day… And a Marvelous Monday to you…. I know, I told you no Pfennig this morning… But I had so many thoughts this weekend I didn’t want […]

Fed’s Meeting Minutes Disappoint The Rate Cut Campers!

A Pfennig For Your Thoughts August 22, 2019 * Currencies remained stuck in the mud yesterday * Eurozone PMI’s remain below 50… Good Day… And a Tub Thumpin’ Thursday to you! I was with a few of my good friends at my fave watering hole yesterday afternoon, and one of […]

The Fed’s Jackson Hole Boondoggle Takes Center Stage!

A Pfennig For Your Thoughts August 21, 2019 * Currencies are held in check by the dollar bugs once again! * Will we finally see a markets manipulator go to jail? Good Day… And a Wonderful Wednesday to you! What’s gotten into my beloved Cardinals? They’re playing like a real […]

President Trump Says It’s The Fed’s Fault!

A Pfennig For Your Thoughts August 20, 2019 * Gold get whacked yesterday, but rebounds this morning… * Eric Rosengren was the lone dissenter at the rate cut vote…. Good Day…. And a Tom Terrific Tuesday to you… Well, Beelzebub is still wanting his weather back! It was downright hot […]

Gold Gets Whacked, So What Are You Waiting For?

A Pfennig For Your Thoughts August 19, 2019 * The Fed’s Jackson Hole Boondoggle is next week… * U.S. Retail Sales are strong, and that has the dollar bugs dancing! Good Day… And a Marvelous Monday to you! Brother! I guess I need to go back to school to learn […]

It’s Data Day In The U.S. Today…

A Pfennig For Your Thoughts August 14, 2019 * Da Boyz Are Back In Town, per Ed Steer * The Strong dollar trend remains in place, but for how much longer? Good day… And a Wonderful Wednesday to you. I’m falling apart… I’ll just leave it at that, for you […]

Italy Shows Up On The ECB’s Doorstep With A Bag Of Problems

A Pfennig For Your Thoughts August 13, 2019 * Gold rebounds, stocks get whacked, and currencies are dull * Chuck gives us his thoughts on the Trade War… Good Day… And a Tom Terrific Tuesday to you! Geez I had a tough day yesterday… Every now and then the chemo […]

Gold Rebounds After Some Profit Taking!

A Pfennig For Your Thoughts August 12, 2019 * The dollar remains in control, and It just doesn’t seem right! * The U.S. Data Cupboard is chock-full-o-data this week! Good Day… And a Marvelous Monday to you! What a good weekend for me, weather-wise, and so on… The Cardinals found […]