It’s A FOMC Day!

A Pfennig For Your Thoughts June 16, 2021 * Currencies gain tiny amounts on Tuesday…  * It’s Groundhog Day again for Gold & Silver…  Good day… And a Wonderful Wednesday… First of all I want to thank all of you who sent along messages to me yesterday regarding me not answering […]

Inflation Is At A 13-Year High…

A Pfennig For Your Thoughts   June 15, 2021   * The powers that be have said the dollar rules…  * Gold & Silver can’t find a bid…    Good Day… And a Tom Terrific Tuesday to you! Well, I told you last week that there would be no Pfennig […]

What Lies Will CPI Hold Today?

A Pfennig For Your Thoughts June 10, 2021 * Currencies & metals lose ground on Wednesday * Bill Bonner & Mohammed El-Erian join us for a discussion of inflation!  Good Day… And a Tub Thumpin’ Thursday to one and all! Well, after a week of frustrating losses for my beloved […]

Who Will Be Our Next Paul Volcker?

A Pfennig For Your Thoughts   June 9, 2021   * Currencies & metals end up getting sold on Tuesday * The price of Oil rises to $70!    Good day… and a Wonderful Wednesday to you! I’m going to start the letter today acknowledging the birthday of one of […]

Could Basel 3 Send Gold To Higher Ground?

A Pfennig For Your Thoughts June 8, 2021 * Currencies & metals rallied in the U.S. on Monday * Wages in the U.S. are soaring higher…  Good day… And a Tom Terrific Tuesday to you! Well, the doc called yesterday after my bloodwork was run through the gauntlet, and told […]

As Dollar Weakens, You’re Buying Power does too!

A Pfennig For Your Thoughts June 3, 2021 * Currencies & metals rally on Wednesday…  * But give back those gains in the overnight markets last night…  Good Day… And a Tub Thumpin’ Thursday to one and all! What an awful game last night for my beloved Cardinals… The starting […]

Eurozone Inflation Hits 2%, What Will The ECB Do?

A Pfennig For Your Thoughts   June 2, 2021   * The PPT spends The ESF’s funds to defend the dollar…  * Inflation is not transitory…    Good Day… And a Wonderful Wednesday to you! I like holiday shortened weeks! And I’m not even employed any longer! Day one of being […]

Gold Finally Moves Past Its Line Drawn In The Sand…

A Pfennig For Your Thoughts   June 1, 2021   * dollar gets sold to end the week last week * Yesterday’s U.S. holiday, left markets without any direction…    Good day… And a Tom Terrific Tuesday to you! And welcome to June! Pfennig Tradition calls for this: June is busting […]

Whether It’s Inflation Or Stagflation, They’re Both Bad…

A Pfennig For Your Thoughts   May 27, 2021   * Dollar gets bought on Wednesday…  * Chuck takes us back to the 70’s…    Good Day… And a Tub Thumpin’ Thursday to you… I won’t be joining anyone doing any Tub Thumpin’ today, as I’m still weak, but… getting […]

The Erosion Of The Dollar Continues…

A Pfennig For Your Thoughts   May 26, 2021   *Currencies are sloth-like in their moves VS the dollar * Gold finally moves back above $1,900!    Good Day… And a Wonderful Wednesday to you! Thank you, thank you, thank you (in my best Gomer Pyle voice) for all the get […]

Here’s What’s Up…

A Pfennig For Your Thoughts   May 20, 2021   Good Day… And a Super Sunday to you! Wow! it’s been many years since I wrote a Pfennig on a Sunday! But this is going to be very short today, as I have some news to share with you, that […]

China To Ban Cryptos?

A Pfennig For Your Thoughts   May 19, 2021   * Currencies & metals drift on Tuesday * And start today in the red…    Good Day… And a Wonderful Wednesday to you…. This is the last Pfennig of this week, as tomorrow, bright and early I have to report […]

Gold Trades Above Its 200-Day Moving Avg.

A Pfennig For Your Thoughts   May 18, 2021   *currencies and metals have strong rallied on Monday * When will they ever learn?    Good Day…. And a Tom Terrific Tuesday to you! Well… another day, and another day with the pain in my stomach waning… I must have […]

It’s Tax Day!

A Pfennig For Your Thoughts   May 17, 2021   * Currencies & metals have good rallied on Friday * Kitco.com allows Frank Holmes to talk price manipulation!    Good Day… And a Marvelous Monday to you! It’s Tax Day… and Pfennig Tradition calls for this: Should five percent appear too […]

So-Called Transitory Inflation Soars!

A Pfennig For Your Thoughts May 13, 2021 * Currencies & metals get sold in a move to protect the dollar * Markets believe that the Fed will hike rates to combat inflation?  Good Day… And a Tub Thumpin’ Thursday to one and all! Well, besides the pain in my […]

Dollar Reserves Held By Central Banks Fall To 59%…

A Pfennig For Your Thoughts May 12, 2021 * Currencies drifted on Tuesday…  * Gold fights back on Tuesday to erase an intraday loss!  Good Day… And a Wonderful Wednesday to you… As the group Chicago sang many years ago, I’m feeling stronger every day…. The pain in my stomach from the […]

Back From The Living Dead…

A Pfennig For Your Thoughts May 11, 2021 * Currencies can’t hold their gains from Friday, on Monday.. * Gold & Silver with steady under the radar increases…  Good Day… And a Tom Terrific Tuesday to you! Well, yesterday, I told you that rest and sleep were my best bets […]

April Jobs Print Only 266,000

A Pfennig For Your Thoughts   May 10, 2021   Good day…. And a Marvelous Monday to you… This will be the shortest Pfennig on record, as I almost didn’t answer the bell this morning… My cold took a turn for the worse, and I pulled a muscle in my […]

Yellen Sees No Inflation Problem…

A Pfennig For Your Thoughts May 6, 2021 * Currencies & metals rally in the overnight markets * Sam Zell finally bellies up to the Gold window…  Good Day… And a Tub Thumpin’ Thursday to one and all! Well… This is going to be a short one today folks, I’m […]

The Price Of Oil Continues To Climb Higher!

A Pfennig For Your Thoughts May 5, 2021 * Currencies & Metals wrapped a tourniquet around their bleeding…  * Little to no movement in these markets this morning…  Good Day… And a Wonderful Wednesday to you! It’s also Cinco de Mayo! More on that in the wrap up at the […]