July 9, 2019 * Dollar bugs continue to apply pressure to the currencies & metals… * Chuck pulls out the Big Guns, with a visit from Murray Rothbard! Good Day… And a Tom Terrific Tuesday to you! Another day of sun and no rain here, boy it looks like things are drying up, finally! I … Continue reading “What Will Jerome Powell Say Today? or Better Yet, Why Do We Care?”
July 8, 2019 * Congrats to the USWNT for their World Cup victory! * Currencies and Gold get whacked badly on Friday! Good Day… And a Marvelous Monday to you! No short week for me this week, but I have to say that I really enjoyed my 4th of July holiday weekend so much, that… … Continue reading “Lies, And Other Things Dominate The Jobs Jamboree!”
July 3, 2019 * Currencies see a non-movement day… * Strange couple of days for the price of Oil… Good day… And a Wonderful Wednesday to you! The day before our country’s Independence Day, on the Fourth of July. On July 4, 1776, the 13 colonies claimed their independence from England, an event which eventually … Continue reading “Gold Fights Back!”
July 2, 2019 * Gold bugs continue to wipe out gains by the currencies * Markets seem to believe the Trade War is over? Good Day… And a Tom Terrific Tuesday to you! A travel day for my beloved Cardinals as they head for a 3-game series with the Mariners, in Seattle… Two teams going … Continue reading “Gold Gets Whacked, But Why?”
July 1, 2019 *The overnight markets haven’t been kind to the currencies & metals * The RBA cuts rates… Good Day… And a Marvelous Monday to you! Pfennig tradition calls for this today… There I was on a July Morning… I was looking for love… With the strength of a new day dawning, and a … Continue reading “Trump And Xi Are Buddies Again!”
June 26, 2017 * Talk of a trade agreement allows the dollar bugs to return… * What the heck is going on with the honker? Good Day…. And a Wonderful Wednesday to you! What a beautiful day here yesterday, the sky was a blue umbrella, the sun was shining, and it warmed throughout the day. … Continue reading “The Fed Heads Say No To A 50 Basis Points Rate Cut!”
June 25, 2019 * Currencies see profit taking in the overnight markets * Russian ruble proudly displays its highest interest rate…. Good Day… And a Tom Terrific Tuesday to you! A night off for my beloved Cardinals last night. I will say something though about all the adoration the St. Louis fans showered on Albert … Continue reading “From A Trade War To A Currency War?”
June 24, 2019 * Currencies & Metals continue to move higher Vs the dollar * Chuck gives us a history lesson about the beginning of the last weak dollar trend… Good Day… And a Marvelous Monday to you! What a week, it was last week for Gold, eh? That move above $1,400 sent me into … Continue reading “The Dollar Bugs Are Nowhere To Be Found!”
June 20, 2019 * Fed signals a rate cut is coming… * Currencies & metals soar on the Fed announcement… Good Day… And a Tub Thumpin’ Thursday to you! As Gomer Pyle would say…. Surprise, Surprise, Surprise! Yes, I told you I had something to do this morning, but… I got my signals crossed and … Continue reading “Grease Up The Tracks Boys…”