Congress Finally Passes A Stimulus Plan….

A Pfennig For Your Thoughts   March 25, 2020   * Currencies, can’t add to Tuesday’s gains…  * Chuck tells us the history of stimulus plans….    Good day… And a Wonderful Wednesday to you! I had a so-so day yesterday, having to remain inside for most of the morning […]

Throwing The dollar Under A Bus….

A Pfennig For Your Thoughts March 24, 2020 * Currencies finally show some life on Monday… * Chuck thinks this is currency intervention 2.0…. Good day… And a Tom Terrific Tuesday to you! Well, the nurse at the wound center cut off my soft cast, and looked at the graph […]

Waiting To Hear About Our Stimulus Package…

A Pfennig For Your Thoughts March 19, 2020 * Dollar bugs continue to hold the conn… * Chuck’s spider sense is tingling…. Good Day… And a Marvelous Monday to you… Yes, I’m still here, writing to you from S. Florida, where we haven’t seen anything other than sunny, blue skies […]

Even Bonds Got Sold Yesterday!

A Pfennig For Your Thoughts March 18, 2020 * No reserve ratio required at banks any longer…. * Gold continues to get manipulated in price… Good Day… And a Wonderful Wednesday to you… I hope that everyone is staying healthy, washing their hands all the time, and keeping distance from […]

The Dollar Bugs Keep Kicking Sand In The Faces of Currencies and Metals

A Pfennig For Your Thoughts March 17, 2020 * The Coronavirus has basically shut down the Chinese economy! * Another engineered price takedown of Gold yesterday… Good Day… And a Tom Terrific Tuesday to you! And a Top o’ the mornin’ to ya, as it’s St. Patrick’s Day! I was […]

The Fed Slashes Rates To Near Zero!

A Pfennig For Your Thoughts March 12, 2020 * The Fed also implements a bond buying program! * And Morgan Stanley says, “it’s Time to sell dollars!” Good Day… And a Marvelous Monday to you! Well, everything is shutting down, schools, baseball, all sports for that matter, social groups of […]

The Boys In The Band Show Up Monday! UGH!

A Pfennig For Your Thoughts February 25, 2020 * Gold gives back $30 of its Monday gains, but still records a profit! * The dollar bugs still have the conn over the currencies… Good day… And a Tom Terrific Tuesday to you! Another chamber of commerce day, weather wise, here […]

A Global Flight To Gold & Treasuries Is Here!

A Pfennig For Your Thoughts February 24, 2020 * Gold soars on Friday and this morning! * Dollar is still well bid VS most currencies… Good Day… and a Marvelous Monday… Next week, I’ll be on vacation, my annual spring vacation from writing, so this is just a warning! Well, […]

Gold Gets Firmly On The Rally Tracks!

A Pfennig For Your Thoughts February 19, 2020 * dollar bugs continue to slice and dice the currencies… * But I did tell you this could happen this week, and to batten down the hatches! Good Day… and a Wonderful Wednesday to you! Another beautiful day here yesterday, unfortunately, for […]

When Will Safe Havens Be Bought?

A Pfennig For Your Thoughts February 18, 2020 * dollar bugs continue to put pressure on the currencies * Jim Grant says the Fed is now the lender of first resort… Oh my! Good day… And a Tom Terrific Tuesday to you! In case you’re wondering about me, my visit […]

Batten Down The Hatches & Look For Bargains…

A Pfennig For Your Thoughts February 17, 2020 * Dollar bugs take a cent of the euro’s value on Friday! * Gold reaches a record high VS the euro! Good Day… And a Marvelous Monday to you… As usual, I’m getting this done very early this morning so I have […]

What Was Powell Really Telling Us?

A Pfennig For Your Thoughts   February 12, 2020   * Currencies, except for a few, can’t find a bid…  * Gold is struggling to maintain its level this week…    Good Day… And a Wonderful Wednesday to you! I can’t even begin to describe how serious it was last […]

Powell Heads To Capital Hill For Back To Back Testimonies…

A Pfennig For Your Thoughts   February 11, 2020   * Dollar bugs take a pound of flesh from the euro * Oil countries are talking about more production cuts…    Good Day… And a Tom Terrific Tuesday to you! Another night of watching the Super Moon rise up over […]

The Dollar Bugs Dance In The Streets Again!

A Pfennig For Your Thoughts February 10, 2020 * Currencies give back their gains after jobs report… * Jerome Powell to testify to Congress twice this week! Good Day… And a Marvelous Monday to you! A nice warm weekend down here in the south, but with lots of wind, making […]

PBOC Takes A Huge Chunk Of Renminbi!

A Pfennig For Your Thoughts February 4, 2020 * Currencies for the most part drifted yesterday… * Chuck explains Gold Swaps/ leases… Good Day… And a Tom Terrific Tuesday to you! Another Chamber of Commerce Day here yesterday… I wasn’t feeling 100%, or even 75%, but I struggled to get […]

Britain Finally Leaves The European Union!

A Pfennig For Your Thoughts February 3, 2020 * Currencies, Gold, and bonds all rally on Friday… * Chiefs win the Super Bowl! Good Day… And a Marvelous Monday to you… Congrats to the Kansas City Chiefs as they won the Super Bowl last night! NFL Champions! I was rooting […]

Safe Havens Are Back!

A Pfennig For Your Thoughts January 29, 2020 * Currencies attempt to climb up on the rally tracks! * FOMC and BOE leave rates unchanged… Good day… and a Tub Thumpin’ Thursday to you! Did you miss me yesterday? HA! Well, I’m just conditioning you for the week of March […]

Chuck Thinks the ESF and PPT Are Working Overtime!

A Pfennig For Your Thoughts January 28, 2020 * Currencies can’t find a bid these days… * Gold gives back yesterday’s gain… Good Day… And a Tom Terrific Tuesday to you! Well, my trip to the wound center left me in near tears again… They tell me it’s healing, but… […]

Safe Havens Come Bank With A Vengence!

A Pfennig For Your Thoughts January 27, 2020 * Currencies have an awful day on Friday… * Gold is kicking tail and taking names later! Good Day… And a Marvelous Monday to you! As I left you last week, I said I didn’t know if I would get a letter […]

Feeling Like It’s 1999 All Over Again…

A Pfennig For Your Thoughts January 23, 2020 * Currencies and metals have little movement on Wednesday * Ray Dalio, Paul Tudor Jones, and Jan Nieuwenhuijs talk to us today! Good Day… And a Tub Thumpin’ Thursday to you! I’m headed north 50 minutes from here after I get this […]