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 […]

We Simply Refuse To Learn From Our Mistakes!

A Pfennig For Your Thoughts January 6, 2020 * Airstrike in Iran sends the dollar to the woodshed! * And send Gold soaring higher! Good Day…. And a Marvelous Monday to you! Welcome to January and 2020! The Roaring 20’s are back! Well, at least in as far as decades […]

A Chuck Was Away Rally For The Currencies!

A Pfennig For Your Thoughts December 30, 2019 * Silver tries to move higher, but was stopped! * Chuck offers an idea to help the economy…. Good Day… And a Marvelous Monday to you. Well, I’m back… if only for two days this week… Today and Thursday… As tomorrow we […]

Will Phase One Be A “One And Done?”

A Pfennig For Your Thoughts December 16, 2019 * Currencies lose a little ground on Friday * Rubles are best performing currency in 2019 Good Day… And a Marvelous Monday to you! Well, we’ve come to that time of year, when Chuck goes on his annual Winter Vacation… That will […]

Dollar Bugs Get Sent To The Woodshed…

A Pfennig For Your Thoughts December 12, 2019 * Currencies & metals rally on Wednesday * First ECB meeting for Lagarde today… Chuck’s watching… Good Day… And a Tub Thumpin’ Thursday to you… On our triple T-day, we will attempt to unravel the mystery of What The Hell the Fed […]

It’s FOMC Meeting Day!

A Pfennig For Your Thoughts December 11, 2019 * Currencies drift up and down on Wednesday… * Next week could be BIG…. Good Day… And a Wonderful Wednesday to you! Well… I attended a holiday party last night that basically is an old Mark Twain Bank reunion, hosted by Frank […]

Markets Redirect Their Focus To Tomorrow’s FOMC

A Pfennig For Your Thoughts December 10, 2019 *Currencies & metals drift throughout the day on Monday * RIP… Paul Volcker… Good Day… and a Tom Terrific Tuesday to you! Well… How are you today? Good I hope! I watched a 30 for 30 last night, and it was about […]

Quarles Says Banks Are Stable, Why Then Do They Need Repo Money?

A Pfennig For Your Thoughts December 5, 2019 * Currencies drift higher on Wednesday… * Gold backs off by $3, and starts today in the red… Good day… And a Tub Thumpin’ Thursday to you! Another day, another day of weak data… what else is new here in the U.S.? […]

Have You Ever Heard Of A Debt Bomb?

A Pfennig For Your Thoughts December 4, 2019 * Currencies drift with no data on Tuesday… * Talking with Elvira, makes Chuck smile… Good day… And a Wonderful Wednesday to you! I was reminded yesterday by our local newspaper that it was the day to look back to December 3, […]

U.S. Data Continues To Disappoint…

A Pfennig For Your Thoughts December 3, 2019 * Currencies & metals rally on Monday * Waiting for a short squeeze in Gold? Good Day… And a Tom Terrific Tuesday to you! Well, have you recovered from your Thanksgiving weekend, of… maybe travel, eating, celebrating, etc.? I had forgotten last […]

Someone Is Betting On $4,000 Gold….

A Pfennig For Your Thoughts December 2, 2019 * Currencies succumb to the dollar’s strength * We may, after all, find out who needs repo money…. Good Day… And a Marvelous Monday to you! And Welcome to December! I hope you all had a very Blessed Thanksgiving, with family, friends, […]

No Need For A Safe Haven? That’s Hogwash!

A Pfennig For Your Thoughts November 26, 2019 * Currencies go back to drifting on Monday… * You really need to read the FWIW article today! Good Day… And a Tom Terrific Tuesday to you! Since this is the last Pfennig before the Thanksgiving holiday, I have a special treat […]

What Lola Wants… Lola Gets, Right?

A Pfennig For Your Thoughts November 25, 2019 * Currencies & metals get sold on Friday… * U.S. Data will be all jammed into Wednesday… Good Day… And a Marvelous Monday to you! Talk about a shortened week! That’s this one folks! Today and tomorrow are the only days the […]

How Much Debt Does The U.S. Really Have?

A Pfennig For Your Thoughts November 21, 2019 * Currencies and metals continue to drift… * Fed’s FOMC Minutes show commitment to pausing rate hikes… Good Day… And a Tub Thumpin’ Thursday to you! I do believe I’ll be doing some tub thumping this evening, as I heard from a […]

Trump Meets With Powell & Mnuchin…

A Pfennig For Your Thoughts November 19, 2019 * Currencies hold Friday’s gains, and inch higher * Gold makes a come back on Monday! Good day… And a Tom Terrific Tuesday to you! I wrote so much yesterday morning that I had to take a long nap to recover! HA! […]

U.S. Economic Data Continues To Show Rot On The Vine!

A Pfennig For Your Thoughts November 18, 2019 * Currencies rally on Friday, and remain well bid… * Gold gets sold on Friday and in the early morning today… Good day… And a Marvelous Monday to you! This will be a short week for yours truly, as it will get […]