It’s A FOMC Day! (Again!)

A Pfennig For Your Thoughts January 30, 2019 * Currencies hold gains, ahead of Fed announcement * U.S. data that does print is not good… Good Day… And a Wonderful Wednesday to you! I can’t go a sentence further without wishing my old colleague, which I called “my little Christine”… […]

Powell’s About Face Begins To Sink In…

A Pfennig For Your Thoughts January 29, 2019 * Currencies and metals rally in the overnight markets * PG&E Files for Bankruptcy! So much for the so-called robust economy! Good day… And a Tom Terrific Tuesday to you! Well, the sun finally made its way from behind the clouds yesterday, […]

Gold Jumps Higher On Powell’s About Face…

A Pfennig For Your Thoughts January 28, 2019 * Currencies rally on Friday… * Will Draghi throw the euro under a bus today? Good Day… And a Marvelous Monday to you! It was a washed out weekend for yours truly, as S. Florida received as much rain in 2 days […]

Chuck Recalls The End of 2001…

A Pfennig For Your Thoughts January 24, 2019 * Currencies rally, then fade in the overnight markets * Waiting for Gold… Good Day… And a Tub Thumpin’ Thursday to you! I plan on doing some Tub Thumpin’ this afternoon, so let the good times roll! I have to hope that […]

Another State Looks To Add Gold & Silver To Their Reserves…

A Pfennig For Your Thoughts January 23, 2019 * Russia not only books a Surplus, but also reduces its debt! * Currencies are stuck in the mud… Good Day… And a Wonderful Wednesday to you! It was a long day yesterday for yours truly, that began with a trip to […]

Russia Prints A Surplus For 2018!

A Pfennig For Your Thoughts January 22, 2019 * Currencies still giving back gains to the dollar… * China’s 4th QTR GDP was 6.4%. Signs of Trade War damage? Good Day… And a Tom Terrific Tuesday to you! What a nice weekend for yours truly… Except that the Chiefs didn’t […]

Palladium… On A Moon Shot!

A Pfennig For Your Thoughts January 17, 2019 * Front and center today with the Palladium move… * Danielle Di Martino Booth, talks about the recession train! Good day… And a Tub Thumpin’ Thursday to you… This is also going to be a start to a 4-day weekend for yours […]

BREXIT Is Soundly Defeated….

A Pfennig For Your Thoughts January 16, 2019 * Dollar continues to win back recent losses * Chuck is the ghost of the future… Good Day… And a Wonderful Wednesday to you! Have you ever had “one of those days” where you just can’t wake up, and every time you […]

Chuck Explains The Fed’s Great Balance Sheet Unwind…

A Pfennig For Your Thoughts January 15, 2019 * Dollar buying returns… * Chuck makes a call on the upcoming BREXIT vote… Good Day… And a Tom Terrific Tuesday to you! Well, the news back home wasn’t uplifting weather-wise, as a follow up snow storm might be on the docket […]

The Barn Door Gets Closed!

A Pfennig For Your Thoughts January 14, 2019 * Dollar fights back after awful Thursday * Germany prints very weak IP, and China’s Trade numbers are awful! Good Day… And a Marvelous Monday to you! Well, thank goodness I’m not home in St. Louis, after Friday through Sunday’s snow storm […]

Who Left The Barn Door Open?

A Pfennig For Your Thoughts January 10, 2019 * dollar gets sold like funnel cakes at a State Fair! * Fed’s Meeting Minutes spring a surprise on the markets!   Good Day… And a Tub Thumpin’ Thursday to you! I’m have a feeling that I’ll be doing some Tub Thumpin’ […]

What Will The Fed Meeting Minutes Tell Us?

A Pfennig For Your Thoughts January 9, 2019 * Currencies trade in tight ranges on Tuesday * Trade negotiations end with negotiators smiling…   Good Day… And a Wonderful Wednesday to you! Sorry about yesterday, but I was needed to play Uber driver at the time of the morning, when […]

Don’t Worry Stock Jockeys, Powell Has Your Back!

A Pfennig For Your Thoughts January 7, 2019 * Currencies rally after strong Jobs data * China reduces reserve ratio requirement… Good Day… And a Marvelous Monday to you! The first Monday of the new year too! Well, it was an interesting weekend, with the NFL playoffs, lots a strange […]

A Strange Start To 2019…

A Pfennig For Your Thoughts December 28, 2018 * Currencies get sold, except yen… * Apple spooks the markets… Good Day… And a Tub Thumpin’ Thursday to you! I love to read the Pfennig Replies each day, or whenever I get to them that is… Alex’s girlfriend, Grace, is from […]

Out With The Old, And In With The New!

A Pfennig For Your Thoughts January 2, 2019 * 2018 was best year for dollar since 2015 * But 2019 will hold challenges for the dollar…   Good Day… And a Wonderful Wednesday to you! Welcome to January 2019! A new year to start, and the end of the old […]

Auld Lange Syne…

A Pfennig For Your Thoughts December 27, 2018 * Currencies and metals rally while Chuck’s gone! * Stocks take their jockeys for a wild and wacky ride! Good Day… And a Wonderful Wednesday to you! Well, did you get through everything you wanted to do for Christmas? I did… Yesterday […]

ECB Confirms The End Of Their Bond Buying Program…

A Pfennig For Your Thoughts December 13, 2018 * Currencies drift through Wednesday… * California wants to do what? Wait until you hear this one! Good Day… And a Tub Thumpin’ Thursday to you! I’m saving myself for tomorrow, so I won’t be Tub Thumpin’ Today or tonight… Tomorrow is […]

I Guess When You’re The Former Fed Chair, You Can Backtrack!

A Pfennig For Your Thoughts * Currencies get derailed again on Tuesday * Chuck smells something fishy with the Palladium trading… Good day… And a Wonderful Wednesday to you! The sun finally came out yesterday and warmed the air a little bit… It’s too late in the year for it […]

Currencies Attempt To Pick Up The Pieces…

A Pfennig For Your Thoughts December 11, 2018 * A HUGE reversal yesterday in stocks, currencies & metals * Palladium is the star performer this morning! Good Day… And a Tom Terrific Tuesday to you! So, did you watch the Army/Navy football game on Saturday? It’s quite the scene, all […]

Jobs Jamboree Disappoints!

A Pfennig For Your Thoughts December 10, 2018 * Currencies and metals rally for the most part * RBI Gov. steps down, leaving unknowns for the rupee… Good Day… And a Marvelous Monday to you! One week down, 3 more until Christmas, and then a few days after that I […]