July 8, 2020 * Currencies didn’t rally or get sold later yesterday… * You do know that the Bill of Rights are not just recommendations? Good day… And a Wonderful Wednesday to you! We’re not even into the dog days of summer, and I can already feel the slowdown in energy each day… I had … Continue reading “Gold Crosses $1,800, Better Hold On From Here!”
July 7, 2020 * Currencies rally during the day, but lose ground overnight * Gold gains $10 gives back $7… Same-0, same-0, for the shiny metal! Good Day… And a Tom Terrific Tuesday to you! Well, I may be finished with the wound center on Thursdays but…. I still have my monthly visits to my … Continue reading “Indian Rupee Is Best Performer Overnight!”
July 6, 2020 * Currencies push the envelope VS the dollar… * JP Morgan thinks stocks will rally forever…. Good day… And a Marvelous Monday to you! WOW! What a great long weekend for yours truly! Starting on Thursday with my last visit to the wound center! Yes, I said my last (Hopefully I don’t … Continue reading “What Are Zombie Corporations?”
July 1, 2020 * Currencies rally in daylight, get sold overnight * Gold trades to $1,804 before the boys in the band show up… Good Day… And a Wonderful Wednesday to you! and welcome to July… Pfennig tradition calls for this… There I was on a July morning, looking for love, with the strength of … Continue reading “Good Riddance To The 2nd QTR!”
June 30, 2020 * After a nothing day, dollars get bought overnight * The Fed releases the names of Corporate bonds they bought… Good Day… and a Tom Terrific Tuesday to you! After days of marvelous weather here, we had a yucky day here with rain and clouds all day, but as I always say, … Continue reading “Oh, Oh! Please Pick Me! Please Pick Me!”
June 29, 2020 * Currencies find a way to gain VS the dollar on Friday… * Have the words of Stephen Roach sunk in to currency traders? Good Day… And a Marvelous Monday to you! Well, for all of you longtime readers, this will throw you for a bit… Youngest son, Alex, celebrated his 25th … Continue reading “U.S. Treasury Sends $1.4 Million To Dead Folks!”
June 25, 2020 * Only dollars & Treasuries survive yesterday… * Fears of Pandemic 2.0 roils the markets… Good Day… And a Tub Thumpin’ Thursday to you! Another beautiful day here yesterday… Our house is usually pretty chilly, especially in the basement, where I spend most of my time. And I usually have to put … Continue reading “Oops! Did I Say That Out Loud?”
June 24, 2020 * Gold pushes through $1,750 and is not looking back! * Currencies benefit from dollar selling… Good day… And a Wonderful Wednesday to you! What a day, yesterday, what a day! One of the most beautiful days I can recall in June… No major problems at the Butler house to deal with … Continue reading “The Dollar Is Our Currency, But It’s Your Problem….”
June 23, 2020 * Currencies rebound on Monday! * Chuck explains that the stock market is NOT the economy… Good Day… And a Tom Terrific Tuesday to you! Last night they replayed Game 1 of the 1968 World Series, in which Bob Gibson set the World Series record for strikeouts in a game, at 17… … Continue reading “Gold Crosses $1,750…”