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 […]

If Negative Rates Were The End All, Then Why Isn’t Japan On Top Of The World?

A Pfennig For Your Thoughts November 14, 2019 * Currencies slide further, Gold nets out a $7 gain * Eddie George talks Gold price manipulation… Seriously! Good Day… And a Tub Thumpin’ Thursday to you! I’m still feeling the queasy stomach but I’m better… I’ve just been so darn cold… […]

Dollar Bugs Pick Up Where They Left Off Last Week!

A Pfennig For Your Thoughts November 12, 2019 * Currencies and metals see early morning selling… * A special Treat as Chuck has Grant Williams in the FWIW section! Good Day… And a Tom Terrific Tuesday to you! Well, what do you know? The weathercast was correct yesterday, we did […]

Gold, Currencies, Treasuries All Getting Sold!

A Pfennig For Your Thoughts November 11, 2019 * Dollar bugs keep the pressure on the currencies * Chuck celebrates Veterans Day! Good day… And a Marvelous Monday to you! A Veteran’s Day Monday to boot! The wound center doctor, last Friday, told me the wound was healing… I begged […]

The Fed Lost In A Lost World?

A Pfennig For Your Thoughts November 7, 2019 Is * Currencies lose more ground to the dollar on Wed. * Bank of England meets today, and the EC didn’t have nice things to say! Good Day… And a Tub Thumpin’ Thursday to you! I got to say that the old […]

Christine Lagarde Said What? Are You Kidding Me?

A Pfennig For Your Thoughts November 6, 2019 * Currencies have given back, all gained ground from Friday… * Gold & Silver both get taken down on Tuesday… Good day… And a Wonderful Wednesday to you! After experiencing a cold front going through our region last week, and then warming […]

U.S. Prints A Negative Factory Orders, And The Dollar Rallies?

A Pfennig For Your Thoughts November 5, 2019 * Currencies couldn’t add to their Friday gains on Monday * Christine Lagarde steps into the bucket… Good Day… And a Tom Terrific Tuesday to you! No baseball! What’s baseball rat like me to do? Well, I continued reading the two books […]

Why Did the BLS Add So Many Jobs?

A Pfennig For Your Thoughts November 4, 2019 * Currencies react favorably to the suspect Jobs report * Gold trades in the same clothes Thursday & Friday… Good day… And a Marvelous Monday to you! And Welcome to November… Brovember, for some… A couple of years ago, I was in […]

Fed Cuts Rates, But Indicates It Will Now Pause…

A Pfennig For Your Thoughts Rocktober 31, 2019 * Currencies & metals both rally on the rate cut news! * Chinese PMI’s sink further into contraction territory… Good Day… And a Tub Thumpin’ Thursday to you! And Boo! It’s Halloween! I remember quite a few years ago now, when I […]

It’s A FOMC Day!

A Pfennig For Your Thoughts Rocktober 30, 2019 * Currencies trade steady Eddie on Tuesday… * Gold & Silver keep their back and forth pattern in place Good Day… And a Wonderful Wednesday to you! I went through a battery of tests yesterday, and still have one more next week […]

U.S. Economic Data Continues To Print Weak!

A Pfennig For Your Thoughts Rocktober 28, 2019 * Currencies and metals rally on Thursday… * But fail to add to gains on Friday! Good day… And a Marvelous Monday to you! A weekend that went so fast, that I kept thinking yesterday was Monday already! Friday I started a […]

Fed Increases Their Injections Into The Repo Market…

A Pfennig For Your Thoughts Rocktober 24, 2019 * Currencies and metals drift again on Wednesday… * German employment drops! Good Day… and a Tub Thumpin’ Thursday to you! Well, I was off on my thought yesterday that the Blues would play again on Wednesday night… They play tonight! But […]

U.K. Parliament Says “NO” On BREXIT Deal…

A Pfennig For Your Thoughts Rocktober 23, 2019 * Currencies give back more of their Friday gains… * Fed interjects nearly $100 Billion… this is getting crazy! Good Day… And a Wonderful Wednesday to you! The World Series began last night, and the Nationals did something that few teams have […]

JPMorgan Says Illiquidity Is Going To Get Worse!

A Pfennig For Your Thoughts Rocktober 22, 2019 * Currencies can’t hold or add to their Friday gains… * The growth of Treasury Issuance is to blame… Good Day… And a Tom Terrific Tuesday to you! Well, little Evie, my darling granddaughter came home on Sunday, and made a trip […]

Negative Data Prints Sends The Dollar To The Woodshed…

A Pfennig For Your Thoughts Rocktober 21, 2019 * No ironed out BREXIT Deal yet, but sterling keeps rallying! * Have traders decided to sell dollars outright? Good Day… And a Marvelous Monday to you! Oh, woe is me… What a horrible weekend, sports wise, for me this past weekend… […]

Is the Fed Lying to us, or… Just being Disingenuous?

A Pfennig For Your Thoughts Rocktober 16, 2019 * Dollar gets sold, currencies rally… * There’s a BREXIT deal on the table! Good Day… And a Tub Thumpin’ Thursday to you! Congratulations to the Washington Nationals, who will play in their very first World Series… They swept my Cardinals on […]

China Says, “Not So Fast Tim!” to the Tentative Agreement!

A Pfennig For Your Thoughts Rocktober 15, 2019 * All the euphoria on Friday, turns to gloom on Monday! * If it quacks like QE, walks like QE, and talks like QE, well…. Good Day… And a Tom Terrific Tuesday to you! Another beautiful fall day here yesterday… I’ve always […]

A Trade War “Tentative Agreement”!

A Pfennig For Your Thoughts Rocktober 14, 2019 * Currencies fight back to gain VS the dollar… * Gold takes a spin on Mr. Toad’s Wild Ride… Good day… And a Marvelous Monday to you! Today is a holiday for a lot of the U.S. as we celebrate Columbus’s discovery […]

Markets Are Learning That Deficits Do Matter!

A Pfennig For Your Thoughts Rocktober 9, 2019 * Currencies remain in tight ranges once again… * More talk about Repos and interest rates… Good Day… And a Wonderful Wednesday to you… Well, they finally got around to shipping me my new meds for treating my leg wound yesterday… I […]

Hello, Angela? This Is Boris… We Have No Deal!

A Pfennig For Your Thoughts Rocktober 8, 2019 * Currencies trade in tight ranges on Monday… * Fed keeps pumping Billions into the repo market… Good Day… And a Tom Terrific Tuesday to one and all! I’m a little giddy today, because my beloved Cardinals came back late, tied the […]