The U.S. Kick Starts Its Fiscal Year Off With a $100.5 Billion Deficit!

A Pfennig For Your Thoughts November 14, 2018 * Currencies rally, and then fall back… * Big Al talks about confiscation of wealth! Good Day… And a Wonderful Wednesday to you! Yesterday, was simply beautiful here in S. Florida, where a cold front is coming through today, and dropping the […]

The World Is Drowning In Debt…

A Pfennig For Your Thoughts November 13, 2018 * Currencies & metals continue to get sold * Oil’s rally is short-lived! Good Day… And a Tom Terrific Tuesday to you! I was remiss yesterday in not mentioning that our Blues had gotten their hats handed to them by the Wild […]

It’s A Fed FOMC Day!

A Pfennig For Your Thoughts November 8, 2018 * Currencies see profit taking on the day… * RBNZ leaves their OCR unchanged, and Chuck is disappointed… Good day… And a Tub Thumpin’ Thursday to you! My stomach took a turn for the worse yesterday, so I doubt I’ll be doing […]

Russia’s Alternative Payments Systems Gains Users!

A Pfennig For Your Thoughts November 6, 2018 * Currencies battle back and forth with the dollar * RBA meets tonight, no surprises expected… Good Day… And a Tom Terrific Tuesday to you! Another day in the warm sun, I’m a happy camper, trust me on that one! I despise […]

Surveys Only Produce 34,000 Jobs, But BLS Says 280,000!

A Pfennig For Your Thoughts November 5, 2018 * Currencies rally on Friday, but get turned around overnight * Everybody has current debt, but the U.S. has current and future debt! Good Day… And a Marvelous Monday to you! I had an uneventful trip here to my winter home yesterday, […]

Sweden Changes Its Position On A Cashless Society!

A Pfennig For Your Thoughts November 1, 2018 *Currencies finally break the dollar’s spell over them! * Gold reverses yesterday’s selloff… Good Day… And a Tub Thumpin’ Thursday to you! Welcome to November… I despise this month, so we’ll start out like that today! This was the day, when I […]

Boo! Trick-or-Treat!

A Pfennig For Your Thoughts Rocktober 31, 2018 * Currencies and metals take on more water… * Chuck explains his dislike of the Fed… Good Day… Boo! And a Wonderful Wednesday to you! And a Happy Halloween to one and all! I recall going to New Orleans on Halloween for […]

We’re Going To Need To Finance $1.34 Trillion In New Debt!

A Pfennig For Your Thoughts Rocktober 30, 2018 * dollar continues to cast its spell over the currencies * Germany’s Merkel announces that she’ll step down… Good Day… And a Tom Terrific Tuesday to you! Almost to the end of Rocktober, can you believe that one? It won’t be long […]

Is There Whispering Among The Fed Heads?

A Pfennig For Your Thoughts Rocktober 25, 2018 * Bad Data day for the U.S. changes the course of the currencies * And Gold continues to gain new investors… Follow the money! Good Day… And a Tub Thumpin’ Thursday to you! Man o man, I can’t catch a break these […]

The President “May Regret” Nominating Powell!

A Pfennig For Your Thoughts Rockctober 24, 2018 * Currencies get sold in the overnight markets * Gold gains $8.20 on Tuesday, but needs to go on a roll! Good Day… And a Wonderful Wednesday to you! Well, I received a high five from my oncologist yesterday, but she reminded […]

Former NY Fed Bank Regulator Blows A Whistle…

A Pfennig For Your Thoughts Rocktober 23, 2018 * The dollar continues to hammer on the currencies * Gold rallies in the early morning trading on Asian fears… Good Day… And a Tom Terrific Tuesday to you! I forgot to mention this yesterday, so here goes… 36 years ago, this […]

Fed Heads No Longer Singing From The Same Song Sheet!

A Pfennig For Your Thoughts Rockctober 22, 2018 * China is getting back at the U.S…. * Currencies & metals drift lower… Marvelous Monday to you! The chilly, raw, gray days of last week, turned to sun filled, but still quite chilly days this weekend… I’m a sun worshiper, if […]

Upping The Ante In The Trade War…

A Pfennig For Your Thoughts Rocktober 18, 2018 * Gold hasn’t been able to follow up it’s big gain… * Fed meeting minutes send bond yields higher! Good Day… And a Tub Thumpin’ Thursday to you… I’m hoping to include myself in your Tub Thumpin’ Today, because, well, I can! […]

Russia To Receive $40 Billion In Investment

A Pfennig For Your Thoughts Rockctober 17, 2018 * Currencies rally, then fall back, over and over again! * Rubles are best overnight performer… Good Day… And a Wonderful Wednesday to you! I have to get this buttoned up and out the door in a timely manner this morning, as […]

The So-called Safe Havens Return!

A Pfennig For Your Thoughts Rocktober 15, 2018 * Gold soars on Thursday, is the bottom in? * Stocks get stomped last week… Good Day… And a Marvelous Monday to you!… The pictures of the devastation from Hurricane Mathew are not stuff you really want to see any time… I […]

Asset Class Selection Is The Key…

A Pfennig For Your Thoughts Rockctober 11, 2018 *Currencies rebound on Wednesday! * Gold rebounds! Good day… And a Tub Thumpin’ Thursday to you! What a evening last night! I was surprised by a former colleague, and good friend, Jen and her sisters. They were out for the evening and […]

The U.S. Government Needs Your Help…

A Pfennig For Your Thoughts Rocktober 8, 2018 * Currencies rally then fall back in the overnight markets * Russia wants to bypass the dollar in Trade with Europe… Good Day… And a Wonderful Wednesday to you… Unfortunately, Mother Nature is seeing to it that the Gulf Coast Region, Florida […]

Gold Gets Whacked Again!

A Pfennig For Your Thoughts Rockctober 9, 2018 * Currencies rally then stumble overnight… * More on Russia than you paid for! Good Day… And a Tom Terrific Tuesday to you! BYE-BYE to the Braves and Indians as their baseball seasons ended yesterday. I spent the day yesterday, tidying up […]

Bond Boys Lose Their Complacency…

A Pfennig For Your Thoughts Rocktober 8, 2018 * Currencies rally on Friday but get sold overnight * Gold gets whacked again! Good day… And a Marvelous Monday to you! A nice weekend was had by yours truly, despite my Missouri Tigers losing in S. Carolina… UGH! And despite that […]

10/4 Good Buddy!

A Pfennig For Your Thoughts Rockctober 4, 2018 *ADP report sends the currencies down… * Gold can’t follow up Monday’s gains… Good day… And a Tub Tumpin’ Thursday to you… I’m not going to be able to participate with you on any Tub Thumpin’, as I’ve hit a brick wall […]