Australia’s Run Of Years Without A Recession Are Over!

A Pfennig For Your Thoughts   June 3, 2020   * Currencies inch higher VS the dollar…  * A$’s get the rug pulled out from under them….    Good Day… And a Wonderful Wednesday to you… As I sat there last night changing channels by the second, because I didn’t […]

India’s Bond Rating Gets Cut Just Above Junk!…

A Pfennig For Your Thoughts   June 2, 2020   * Currencies again rally VS the dollar on Monday! * Gold & Silver continue to move toward Breakout levels…    Good Day… And a Tom Terrific Tuesday to you… I sure hope you’re safe wherever you may be… I simply […]

China Turns Back U.S. Cargo Ships!

A Pfennig For Your Thoughts   June 1, 2020   * Currencies add another day of advancement VS the dollar.. * Silver trades above $18!!! After a strong move late last week!    Good Day… And a Marvelous Monday to you! And Welcome to June! What a wonderful weekend it was here, […]

The Fed Begins Their Illegal Corporate Bond Buying…

A Pfennig For Your Thoughts   May 28, 2020   * The dollar bugs fight back on Wednesday… * Gold fights back to recover early Wednesday loss…    Good day… And a Tub Thumpin’ Thursday to you! In case you were ever wondering… Tub Thumpin’ is the title of a […]

Investors Believe There’s No Need For A Safe Haven!

A Pfennig For Your Thoughts   May 27, 2020   * Currencies continue inch higher VS the dollar * The ECB throws Germany to the curb?    Good Day… And a Wonderful Wednesday to you! A beautiful day yesterday, without rain! YAHOO! The rivers are rising, the creeks are rising, […]

What On Earth Is China Doing Now?

A Pfennig For Your Thoughts   May 26, 2020   * Currencies continue to inch higher VS the dollar * Price Manipulators keep playing games with Gold…    Good Day…. And a Tom Terrific Tuesday to you.. I can’t believe that Memorial Day snuck up on me like it did… […]

The BOE Entertains Discussions On Negative Rates!

A Pfennig For Your Thoughts   May 20, 2020   * Currencies defy the odds and rally VS the dollar…  * And after an engineered takedown, Gold fights back!    Good Day… And a Wonderful Wednesday to you! Well… in a brief poll, it looks like: Thoughts From The Butler […]

How Does Thoughts From The Butler Patio, Sound?

A Pfennig For Your Thoughts   May 19, 2020   * Currencies and stocks rally on antibody news…  * Gold gets taken down after reaching $1,775….    Good day… And a Tom Terrific Tuesday to you…. Well, I sure did stir up a hornet’s nest with my letter yesterday… If […]

Debt Accumulation Is The Dagger For Currencies…

A Pfennig For Your Thoughts   May 18, 2020   * Currencies lose ground last week…  * Gold & Silver are gapping higher…  * And Chuck changes his mind….    Good Day… And a Marvelous Monday to you! It was a long weekend for me, but then weekends are meaningless […]

ECB’s Lagarde Turns Her Nose Up At The ECC!

A Pfennig For Your Thoughts   May 13, 2020   * Currencies rally on Monday and throughout the night! * Gold gets off its seat to the do the stroll today….    Good day… And a Wonderful Wednesday to you! Sorry for the tardiness of the letter this morning, it […]

The Fed Will Begin To Buy Corp. ETF’s Today….

A Pfennig For Your Thoughts   May 12, 2020   * Currencies trade in a very tight range on Monday * But currencies and Gold are both on the rally tracks today!    Good Day… And a Tom Terrific Tuesday to you! While the sun was out, the sky was […]

Why Does The Market Rally In The Face Of Awful Data?

A Pfennig For Your Thoughts   May 11, 2020   * Currencies rally on Friday, give back ground today * Neal Kashkari: “The Worst Is Yet To Come”….    Good Day… And a Marvelous Monday to you! A fairly nice weekend, with some very chilly air being blown around yesterday, […]

20.2 Million Jobs Shed In April!

A Pfennig For Your Thoughts   May 7, 2020   * The dollar bugs rule the roost once again….  * Gold gets bashed on Wednesday, Chuck says it’s a “sign”…    Good Day, and a Tub Thumpin’ Thursday to you! In honor of Tub Thumpin’… I get knocked down, but […]

What The Heck Is Ken Rogoff Talking About Now?

A Pfennig For Your Thoughts   May 6, 2020   * The dollar bugs rule the roost again on Tuesday night * Did U.S. citizens spend their stimulus checks?    Good Day… And a Wonderful Wednesday to you! Well, by now I’ve climbed down from my roof, where I had […]

Currencies Give Bank All Of Their Gains From Friday!

A Pfennig For Your Thoughts   May 5, 2020   * Traders can’t figure out which way they want to go….  * Gold is stuck in the muck around $1,700…    Good Day… And a Tom Terrific Tuesday to you! Rainy days and Mondays always get me down…. Years and […]

May The 4th Be With You!

A Pfennig For Your Thoughts   May 4, 2020   * Currencies rally on Friday, but give back some gains * Gold rallies back to $1,700, which Chuck thinks is the new $1,300…    Good day… And a Marvelous Monday to you! May the 4th Be With You…. HA! Well, […]

So, Were The Previous 9 New Programs Just Chopped Liver?

A Pfennig For Your Thoughts   April 30, 2020   * Currencies and dollar bugs continue to play their game! * 1st QTR GDP’s first print… -4.8%…. A recession is here!    Good Day… And a Tub Thumpin’ Thursday to you! T-minus 5 days until the stay at home rule will […]

What Will Powell Have To Say Today?

A Pfennig For Your Thoughts   April 29, 2020   * currencies lose ground during the day * Has this become a Europe / Asia VS U.S. Traders thing?    Good Day… And a Wonderful Wednesday to you! I guess that serves me right, to depend on the weather forecast […]

Oil Tankers Become The New Method Of Storage!

A Pfennig For Your Thoughts   April 28, 2020   * Currencies lose ground on Monday, but rebound overnight! * Gold can’t find a bid on Monday….    Good Day… And a Tom Terrific Tuesday to you! Well, yesterday, was a blur to me…. I did some reading, did some […]

Crude Oil Collapses Overnight On Supply Glut And Fractal Analysis Say $7 is Support

Crude Oil continues to be a big mover as the supply glut has really pushed global capacity to its limits. Dozens of full tanker ships are anchored off the California and Singapore coastlines waiting for demand to pick up.  As long as the Virus shutdown persists globally, the supply gut […]