A Pfennig For Your Thoughts January 26, 2021 * Stephen Roach is committed to his call of a weak dollar! * Chuck navigates through the landmines… Good Day… And a Tom Terrific Tuesday to you! Well, it was pointed out to me yesterday, that I mistyped the A$ price […]
Virus Outbreak In China Pushes Commodity Prices Down…
A Pfennig For Your Thoughts January 25, 2021 * Currencies push against the dollar bugs… * Gold bounces in the early trading today… Good Day… And a Marvelous Monday to you! Well, Congratulations to the Tampa Bay Bucs, and the K.C. Chiefs for winning their respective conference championships, […]
Currencies Get Back To The Task At Hand…
A Pfennig For Your Thoughts January 21, 2021 * Gold & Silver soar on Wednesday! * New Treasury Sec. Janet Yellen dominates today’s letter Good day… And a Tub Thumpin’ Thursday to you! Well, we have a new President and House and Senate, and they all lean […]
Help, I’m Slipping Into The Twilight Zone…
A Pfennig For Your Thoughts January 20, 2021 * Currencies rally then fall back… * Debt, is everywhere… Good Day… And a Wonderful Wednesday to you! How about my Mizzou Tigers basketball team! After winning on the road at Texas A&M on Saturday, they came home and beat S. Carolina […]
Currencies Rally Overnight…
A Pfennig For Your Thoughts January 19, 2021 * Is the dollar buying over? * Chuck explains Gold manipulation… You don’t want to miss this! Good Day… And a Tom Terrific Tuesday to you! How was your 3-day weekend, that is for those of you who got […]
Short Sellers Achieve Their Goals….
A Pfennig For Your Thoughts January 14, 2021 * Gold & Silver get sold once again on Wednesday * A Big day of economic data tomorrow, will the markets care? Good Day… And a Tub Thumpin’ Thursday to you! The sun did make a short time appearance yesterday, as clouds owned […]
How Many Dollars Will Be Printed For Stimulus?
A Pfennig For Your Thoughts January 13, 2021 * Gold, Silver & euros bounce back on Tuesday * Pound sterling defies logic… but is the opposite the new norm? Good Day… And a Wonderful Wednesday to you! I experienced my first day down here this winter without […]
What’s Going On With Mnuchin’s Slush Fund?
A Pfennig For Your Thoughts January 12th, 2021 * Dollar/ euro gets most of the action on Monday * When will traders wake up and smell the coffee? Good Day… And a Tom Terrific Tuesday to you! Last nigh, watching the College football championship game, I thought early on, that […]
Gold Cries Uncle!
A Pfennig For Your Thoughts January 11th, 2021 * Currencies get sold on Friday… * U.S. Data last week was ugly… Good Day… And a Marvelous Monday to you…. Well, are you suffering from Football playoff games withdrawal this morning? 6 playoff games this past weekend… Crazy… And […]
The Dollar Bugs Fight Back!
A Pfennig For Your Thoughts January 7th, 2021 * Gold sees another engineered takedown * Currencies lose ground to the dollar on Wednesday… Good day… And a Tub Thumpin’ Thursday to you! What a scene yesterday from the Capitol… I’m not going to say any more about that because I […]
Tuesday Was “Moving Day”….
A Pfennig For Your Thoughts * The euro finally breaches 1.23! * Oil price trades above $50…. Good Day, and a Wonderful Wednesday to you! Thanks to all who sent along a note yesterday, confirming something that I already knew… That you dear Pfennig readers, are the best! OK, […]
Gold & Silver Continue Their March To Higher Ground!
A Pfennig For Your Thoughts January 5th, 2021 * Currencies see some profit taking on Monday… * Gold & Silver kick the dollar’s tail and take names later… Good day… and A Tom Terrific Tuesday to you! Another day here in S. Florida, where it was sunny […]
Back To The Chopping Block For The Dollar…
A Pfennig For Your Thoughts January 4, 2021 *Book squaring on 12/31 stopped the dollar selling… * But that only lasted one day… Gold is up $35 this morning! Good day… And a Marvelous Monday to you! The first Monday of 2021… Today, would have been my Dad’s […]
The Dollar Ends The Year On A Sour Note…
A Pfennig For Your Thoughts December 31, 2020 * Currencies & metals have a good week * McConnell plays the part of the soup Nazi… Good Day… And a Tub Thumpin’ Thursday to you! It’s New Year’s Eve! Well, I’m here in my winter home once again… I left rainy, […]
Chuck’s Christmas Pfennig…
A Pfennig For Your Thoughts December 24, 2020 Good day… And a Merry Christmas Eve to you! Just a quick note before he head to the Christmas letter… I’m so distraught over the new so-called Covid Response Relief Package… All the pork that’s in it… I know it’s Christmas Eve, but I’m […]
The Stimulus Bill Funds Mnuchin’s Slush Fund…
A Pfennig For Your Thoughts December 23, 2020 * The dollar rallies on Tuesday… * But the rally sure smells like yesterday’s fish… Good day… And a Wonderful Wednesday to you! I realized it this morning as I typed the date, that I’m usually already on vacation and I don’t […]
The Dollar Returns To The Chopping Block
A Pfennig For Your Thoughts December 22, 2020 * One and done for dollar strength… * It’s the same-o, same-o, trade with China… Good Day… And a Tom Terrific Tuesday To You! Well, yesterday was… Monday, Monday, can’t trust that day… And it proved to be just that! More on […]
The Dollar Bugs Fight Back!
A Pfennig For Your Thoughts December 21, 2020 * Dollar buying looks like CB intervention to Chuck * Silver outperforms Gold, Platinum, and Palladium! Good Day… And a Marvelous Monday to you! I won’t say that again until Jan.4, 2021… (My dad’s birthday)… These last couple of Pfennigs going into […]
The Overnight Markets Send The Dollar To The Woodshed!
A Pfennig For Your Thoughts December 17, 2020 * Currencies, led by the euro, on pushing higher * The U.S. names Switzerland a currency manipulator? Good Day… And a Tub Thumpin’ Thursday to you! What a day yesterday… Congress is closer to a stimulus deal, The dollar weakened, […]
The Dollar Gets Sold Like Funnel Cakes At A State Fair!
A Pfennig For Your Thoughts December 16, 2020 * Currencies drift on Tuesday, but rally overnight * Dollar weakness leads to rallies for Gold & Silver… Good day… And a Manfred the Wonder Dog Wednesday to you! BRRR… it’s cold outside! I can’t wait to get down to S. Florida for […]