January 6, 2021 * The euro finally breaches 1.23! * Oil price trades above $50…. Good Day, and a Wonderful Wednesday to you! Thanks to all who sent along a note yesterday, confirming something that I already knew… That you dear Pfennig readers, are the best! OK, tried to stay awake for the Missouri Tigers … Continue reading “Tuesday Was “Moving Day”….”
January 5, 2021 * Currencies see some profit taking on Monday… * Gold & Silver kick the dollar’s tail and take names later… Good day… and A Tom Terrific Tuesday to you! Another day here in S. Florida, where it was sunny and warm, albeit not as warm as the previous days, but still short-sleeve … Continue reading “Gold & Silver Continue Their March To Higher Ground!”
January 4, 2021 *Book squaring on 12/31 stopped the dollar selling… * But that only lasted one day… Gold is up $35 this morning! Good day… And a Marvelous Monday to you! The first Monday of 2021… Today, would have been my Dad’s birthday, so I’m thinking of you today, Dad… Well, did you have … Continue reading “Back To The Chopping Block For The Dollar…”
December 31, 2020 * Currencies & metals have a good week * McConnell plays the part of the soup Nazi… Good Day… And a Tub Thumpin’ Thursday to you! It’s New Year’s Eve! Well, I’m here in my winter home once again… I left rainy, chilly St. Louis yesterday morning, and arrived here a few … Continue reading “The Dollar Ends The Year On A Sour Note…”
December 24, 2020 Good day… And a Merry Christmas Eve to you! Just a quick note before he head to the Christmas letter… I’m so distraught over the new so-called Covid Response Relief Package… All the pork that’s in it… I know it’s Christmas Eve, but I’m going to fire off a note to my … Continue reading “Chuck’s Christmas Pfennig…”
December 23, 2020 * The dollar rallies on Tuesday… * But the rally sure smells like yesterday’s fish… Good day… And a Wonderful Wednesday to you! I realized it this morning as I typed the date, that I’m usually already on vacation and I don’t recall the last time I wrote on December 23rd! So, … Continue reading “The Stimulus Bill Funds Mnuchin’s Slush Fund…”
December 22, 2020 * One and done for dollar strength… * It’s the same-o, same-o, trade with China… Good Day… And a Tom Terrific Tuesday To You! Well, yesterday was… Monday, Monday, can’t trust that day… And it proved to be just that! More on that in a minute… I don’t know about you, but … Continue reading “The Dollar Returns To The Chopping Block…”
December 21, 2020 * Dollar buying looks like CB intervention to Chuck * Silver outperforms Gold, Platinum, and Palladium! Good Day… And a Marvelous Monday to you! I won’t say that again until Jan.4, 2021… (My dad’s birthday)… These last couple of Pfennigs going into Christmas will be chock-full-o- stuff, for you to read while … Continue reading “The Dollar Bugs Fight Back!”
December 17, 2020 * Currencies, led by the euro, on pushing higher * The U.S. names Switzerland a currency manipulator? Good Day… And a Tub Thumpin’ Thursday to you! What a day yesterday… Congress is closer to a stimulus deal, The dollar weakened, Gold & Silver had good days, and Chuck received a Christmas Card … Continue reading “The Overnight Markets Send The Dollar To The Woodshed!”