This is a half-baked Pfennig today…

August 11, 2017

Chuck Butler’s: A Pfennig For Your Thoughts

* Chuck has no connection… 
* Gold is soaring on saber rattling
* This is a half-baked Pfennig today…

Good day… And a Happy Friday to one and all! This is going to be short-n-sweet this morning, as my infusion confusion has me in a real choke hold this morning. In addition, I don’t know if this will even go out, as I’m having all kinds of technical problems today…  My laptop has decided to move at a snail’s pace, and not accept most of the commands I give it! UGH… Speaking of a snail, do you know what the snail said when he went for a ride on the back of the turtle?    Wheeeeeee!  I’ve got a million of them! HA!  The great Johnny Rivers greeted me this morning with his song: The Poor Side of Town  

The poor side of town, down by the boondocks, and other songs about the “other side of the tracks” as my mom used to call it, remind us of where we don’t want to end up, and therefore we had better diversify our investment portfolios using currencies and metals!  I bet you didn’t see that one coming, eh?  I don’t know why I’m even attempting to write this morning, as I have no currency levels, no metals levels or anything else! And since I spent the better part of yesterday at the infusion center, I wasn’t checking things either!  

So, why am I writing? Because I’ve been doing this so long, that it’s a habit, I wake up, go to my laptop and begin researching, and reading, so I may begin to write. I can tell you that Gold had another stellar day yesterday, as the saber rattling continued, thus driving the “fear factor” that usually gives Gold a boost. 

All the saber rattling caught up with the stock market yesterday. Could this be the beginning of a stock slide or just a blip?  But, since I’m not even your last choice as a stock jockey, I’ll let that one sit there and simmer… 

The flight to safety is in full swing folks, and is kicking tail and taking names later if any asset class stands in its way.  Gold is closing in on $1,300, as it sits around $1,291 this morning. I told you a few weeks ago that it appeared to me that Gold was ready to go on a strong run, and as they would say on the TV Show The A Team, I love it when a plan comes together!

Well, we’ve come to the cheese that binds this morning, and I still don’t have any strong connection, nor is my laptop functioning correctly, so I’m going to punt… I apologize for that, but what can a poor boy do? Even my mobile phone won’t go out and look up stuff! UGH!  I guess it had better reboot the wireless server, eh?   But, before I do that I’ll send you on your way to having a Fantastico Friday, and a Wonderful Weekend! I’m going back to bed, to see if my head clears up, and try not to worry about the fact that I didn’t write a good letter today…    Be Good To Yourself, and have fun… 

 Chuck Butler

a)    The Daily Pfennig is no longer published by EverBank and it is now published by Aden Research Group.