A Global Flight To Gold & Treasuries Is Here!

A Pfennig For Your Thoughts February 24, 2020 * Gold soars on Friday and this morning! * Dollar is still well bid VS most currencies… Good Day… and a Marvelous Monday… Next week, I’ll be on vacation, my annual spring vacation from writing, so this is just a warning! Well, […]

Gold Gets Firmly On The Rally Tracks!

A Pfennig For Your Thoughts February 19, 2020 * dollar bugs continue to slice and dice the currencies… * But I did tell you this could happen this week, and to batten down the hatches! Good Day… and a Wonderful Wednesday to you! Another beautiful day here yesterday, unfortunately, for […]

When Will Safe Havens Be Bought?

A Pfennig For Your Thoughts February 18, 2020 * dollar bugs continue to put pressure on the currencies * Jim Grant says the Fed is now the lender of first resort… Oh my! Good day… And a Tom Terrific Tuesday to you! In case you’re wondering about me, my visit […]

Batten Down The Hatches & Look For Bargains…

A Pfennig For Your Thoughts February 17, 2020 * Dollar bugs take a cent of the euro’s value on Friday! * Gold reaches a record high VS the euro! Good Day… And a Marvelous Monday to you… As usual, I’m getting this done very early this morning so I have […]

What Was Powell Really Telling Us?

A Pfennig For Your Thoughts   February 12, 2020   * Currencies, except for a few, can’t find a bid…  * Gold is struggling to maintain its level this week…    Good Day… And a Wonderful Wednesday to you! I can’t even begin to describe how serious it was last […]

Powell Heads To Capital Hill For Back To Back Testimonies…

A Pfennig For Your Thoughts   February 11, 2020   * Dollar bugs take a pound of flesh from the euro * Oil countries are talking about more production cuts…    Good Day… And a Tom Terrific Tuesday to you! Another night of watching the Super Moon rise up over […]

The Dollar Bugs Dance In The Streets Again!

A Pfennig For Your Thoughts February 10, 2020 * Currencies give back their gains after jobs report… * Jerome Powell to testify to Congress twice this week! Good Day… And a Marvelous Monday to you! A nice warm weekend down here in the south, but with lots of wind, making […]

PBOC Takes A Huge Chunk Of Renminbi!

A Pfennig For Your Thoughts February 4, 2020 * Currencies for the most part drifted yesterday… * Chuck explains Gold Swaps/ leases… Good Day… And a Tom Terrific Tuesday to you! Another Chamber of Commerce Day here yesterday… I wasn’t feeling 100%, or even 75%, but I struggled to get […]

Britain Finally Leaves The European Union!

A Pfennig For Your Thoughts February 3, 2020 * Currencies, Gold, and bonds all rally on Friday… * Chiefs win the Super Bowl! Good Day… And a Marvelous Monday to you… Congrats to the Kansas City Chiefs as they won the Super Bowl last night! NFL Champions! I was rooting […]

Safe Havens Are Back!

A Pfennig For Your Thoughts January 29, 2020 * Currencies attempt to climb up on the rally tracks! * FOMC and BOE leave rates unchanged… Good day… and a Tub Thumpin’ Thursday to you! Did you miss me yesterday? HA! Well, I’m just conditioning you for the week of March […]

Chuck Thinks the ESF and PPT Are Working Overtime!

A Pfennig For Your Thoughts January 28, 2020 * Currencies can’t find a bid these days… * Gold gives back yesterday’s gain… Good Day… And a Tom Terrific Tuesday to you! Well, my trip to the wound center left me in near tears again… They tell me it’s healing, but… […]

Safe Havens Come Bank With A Vengence!

A Pfennig For Your Thoughts January 27, 2020 * Currencies have an awful day on Friday… * Gold is kicking tail and taking names later! Good Day… And a Marvelous Monday to you! As I left you last week, I said I didn’t know if I would get a letter […]

Feeling Like It’s 1999 All Over Again…

A Pfennig For Your Thoughts January 23, 2020 * Currencies and metals have little movement on Wednesday * Ray Dalio, Paul Tudor Jones, and Jan Nieuwenhuijs talk to us today! Good Day… And a Tub Thumpin’ Thursday to you! I’m headed north 50 minutes from here after I get this […]

A Bad Day For Currencies, Metals and Oil…

A Pfennig For Your Thoughts January 22, 2020 * Dollar bugs tear off the scab once again… * Retail Sales revisions tell a different story… Good day… And a Wonderful Wednesday to you! Old man winter came this way on Monday night, and will exit tomorrow… In the meantime I […]

Palladium Is On A Runaway Train!

A Pfennig For Your Thoughts   January 21, 2020   * Currencies rebound from selling last week * Gold continues to have good days and bad days…    Good day… And a Tom Terrific Tuesday to you! Seems like it’s been eons since I last wrote to you dear reader, […]

Where’s The Mousetrap?

A Pfennig For Your Thoughts January 16, 2020 * Currencies continue to inch upward on Wednesday… * Chuck & Dennis talk… that’s not a good thing for the Fed! Good day… And a Tub Thumpin’ Thursday to you! It’s been awhile, with the holidays and vacations, since I wished you […]

What Did China Give Up To Get The Currency Manipulator Tag Dropped?

A Pfennig For Your Thoughts January 15, 2020 * Another day of no movement, but overnight changed that! *Jim Rogers joins us for our daily discussion this morning! Good day… And a Wonderful Wednesday to you! Another day, another day of nothing happening in the currencies… We’re at a standstill […]

U.S. Removes “Currency Manipulator” tag from China

A Pfennig For Your Thoughts January 14, 2020 * Currencies move sideways throughout the day and night… * Gold gets whacked again! UGH! Good Day… And a Tom Terrific Tuesday to you! A not so great night, as LSU beat Clemson in the NCAA National Championship Game last night. I […]

Last Monday’s Euphoria Has Faded Away…

A Pfennig For Your Thoughts January 13, 2020 * The dollar comes back with a flurry of punches! * 2020 begins with the same “Opposites trading pattern”… UGH! Good Day… And a Marvelous Monday to you! Did you watch the Kansas City / Houston playoff game yesterday? WOW! Down 24-0 […]

Geopolitical Problems Arise, One Of The Reasons To Own Gold…

A Pfennig For Your Thoughts January 8, 2020 * Currencies fall back as the dollar rebounds… * Gold soars with the eagles but gets grounded with the turkeys! Good day… And a Wonderful Wednesday to you! My travel day yesterday went along OK, until… my stomach began to revolt on […]