Powell Heads To The Hill Today…

A Pfennig For Your Thoughts   June 17, 2020   * Currencies couldn’t hold their Monday gains on Tuesday * Is Hong Kong really in a tight spot?    Good Day… And a Wonderful Wednesday to you! I don’t know what we did to deserve this run of beautiful weather, […]

The Fed To Begin To Buy Corporate Bonds!

A Pfennig For Your Thoughts   June 16, 2020   * Currencies win back some lost ground from last week * Gold fights back!    Good day… And a Tom Terrific Tuesday to you! Another Chamber of Commerce day here where I live the summer and fall… Before I go […]

Fed Money Creation Exceeds Tax Receipts

A Pfennig For Your Thoughts   June 15, 2020   * The Fed and PPT were out in force late last week…  * Another false dawn for the currencies…    Good day… And a Marvelous Monday to you! OMGosh! Yesterday couldn’t have been a more beautiful day here in the […]

Powell Takes The Air Out Of The Dollar…

A Pfennig For Your Thoughts   June 11, 2020   * Currencies rally strongly on Wed. but soften overnight * Gold soars on news that interest rates will remain near zero!    Good Day… And a Tub Thumpin’ Thursday to you… This should be shorter than usual this morning, as […]

The Dollar Bugs Are Sweating Bullets!

A Pfennig For Your Thoughts   June 10, 2020   * Currencies continue to move higher VS the dollar * Gold gets back on the rally horse!    Good Day… And a Wonderful Wednesday to you! Well, the reports of a heavy rain for yesterday, turned out to be wrong, […]

U.S. Recession Began In February!

A Pfennig For Your Thoughts   June 9, 2020   * Currencies and metals rest on Monday…  * The BLS points out a footnote that was a part of their jobs report…    Good Day… And a Tom Terrific Tuesday to you! Another day in paradise, is what it seemed […]

The BLS Upsets The Applecart!

A Pfennig For Your Thoughts   June 4, 2020   * Gold & Silver get whacked on Friday…  * The Recent currency rally gets derailed on Friday…    Good Day… And a Marvelous Monday to you! What a wonderful chamber of commerce weekend for us here in the Midwest!! We […]

Australia’s Run Of Years Without A Recession Are Over!

A Pfennig For Your Thoughts   June 3, 2020   * Currencies inch higher VS the dollar…  * A$’s get the rug pulled out from under them….    Good Day… And a Wonderful Wednesday to you… As I sat there last night changing channels by the second, because I didn’t […]

India’s Bond Rating Gets Cut Just Above Junk!…

A Pfennig For Your Thoughts   June 2, 2020   * Currencies again rally VS the dollar on Monday! * Gold & Silver continue to move toward Breakout levels…    Good Day… And a Tom Terrific Tuesday to you… I sure hope you’re safe wherever you may be… I simply […]

China Turns Back U.S. Cargo Ships!

A Pfennig For Your Thoughts   June 1, 2020   * Currencies add another day of advancement VS the dollar.. * Silver trades above $18!!! After a strong move late last week!    Good Day… And a Marvelous Monday to you! And Welcome to June! What a wonderful weekend it was here, […]

The Fed Begins Their Illegal Corporate Bond Buying…

A Pfennig For Your Thoughts   May 28, 2020   * The dollar bugs fight back on Wednesday… * Gold fights back to recover early Wednesday loss…    Good day… And a Tub Thumpin’ Thursday to you! In case you were ever wondering… Tub Thumpin’ is the title of a […]

Investors Believe There’s No Need For A Safe Haven!

A Pfennig For Your Thoughts   May 27, 2020   * Currencies continue inch higher VS the dollar * The ECB throws Germany to the curb?    Good Day… And a Wonderful Wednesday to you! A beautiful day yesterday, without rain! YAHOO! The rivers are rising, the creeks are rising, […]

What On Earth Is China Doing Now?

A Pfennig For Your Thoughts   May 26, 2020   * Currencies continue to inch higher VS the dollar * Price Manipulators keep playing games with Gold…    Good Day…. And a Tom Terrific Tuesday to you.. I can’t believe that Memorial Day snuck up on me like it did… […]

The BOE Entertains Discussions On Negative Rates!

A Pfennig For Your Thoughts   May 20, 2020   * Currencies defy the odds and rally VS the dollar…  * And after an engineered takedown, Gold fights back!    Good Day… And a Wonderful Wednesday to you! Well… in a brief poll, it looks like: Thoughts From The Butler […]

How Does Thoughts From The Butler Patio, Sound?

A Pfennig For Your Thoughts   May 19, 2020   * Currencies and stocks rally on antibody news…  * Gold gets taken down after reaching $1,775….    Good day… And a Tom Terrific Tuesday to you…. Well, I sure did stir up a hornet’s nest with my letter yesterday… If […]

Debt Accumulation Is The Dagger For Currencies…

A Pfennig For Your Thoughts   May 18, 2020   * Currencies lose ground last week…  * Gold & Silver are gapping higher…  * And Chuck changes his mind….    Good Day… And a Marvelous Monday to you! It was a long weekend for me, but then weekends are meaningless […]

ECB’s Lagarde Turns Her Nose Up At The ECC!

A Pfennig For Your Thoughts   May 13, 2020   * Currencies rally on Monday and throughout the night! * Gold gets off its seat to the do the stroll today….    Good day… And a Wonderful Wednesday to you! Sorry for the tardiness of the letter this morning, it […]

The Fed Will Begin To Buy Corp. ETF’s Today….

A Pfennig For Your Thoughts   May 12, 2020   * Currencies trade in a very tight range on Monday * But currencies and Gold are both on the rally tracks today!    Good Day… And a Tom Terrific Tuesday to you! While the sun was out, the sky was […]

Why Does The Market Rally In The Face Of Awful Data?

A Pfennig For Your Thoughts   May 11, 2020   * Currencies rally on Friday, give back ground today * Neal Kashkari: “The Worst Is Yet To Come”….    Good Day… And a Marvelous Monday to you! A fairly nice weekend, with some very chilly air being blown around yesterday, […]

20.2 Million Jobs Shed In April!

A Pfennig For Your Thoughts   May 7, 2020   * The dollar bugs rule the roost once again….  * Gold gets bashed on Wednesday, Chuck says it’s a “sign”…    Good Day, and a Tub Thumpin’ Thursday to you! In honor of Tub Thumpin’… I get knocked down, but […]