November 7, 2017 Good day… I just wanted to drop you dear Pfennig Readers a line and let you know what’s going on, with the non-delivery of a Pfennig the last two days… I woke up from my nap after my infusion on Thursday, took a step and nearly fell to the … Continue reading “Where Has The Pfennig Been?”
November 2, 2017 * 3rd Consecutive day of little movement in the currencies * Eurozone PMI prints strong again! * Palladium knocks on the $1,000 door! Good Day… And a Tub Thumpin’ Thursday to you! As usual, you’ll have to pick up the slack from me having an infusion today, for Tub … Continue reading “Fed Leaves Rates Unchanged, But Sounds Hawkish…”
November 1, 2017 * Another nothing day in the currencies… UGH * U.S. Consumer Confidence Soars higher! * A Like it never happened day for the FOMC… Good day… And a Wonderful Wednesday to you! And Welcome to November… How was your Halloween? Mine was good, as a few neighbor friends … Continue reading “It’s A FOMC Day Today!”
Rocktober 31, 2017 * Eurozone data is mixed… * U.S Consumer Spending soars! * But is it a one and done event? Good day… And a Tom Terrific Tuesday to you! It’s Halloween! And it’s cold outside! And that means most little kids, the ones I really want to see, will have their … Continue reading “Royal Canadian Mint-stamped Gold Wafer Appears To Be Fake…”
Rocktober 30, 2017 * 3rd QTR U.S. GDP hits 3%? * Huge data week with FOMC on Wednesday! * Short positions in metals continue to be HUGE! Good day… And a Marvelous Monday to you! I’m not “feeling it” right now, but who knows how that will go by the end of the … Continue reading “Using Smoke And Mirrors..”
Rocktober 27, 2017 * ECB sounds dovish, and euro gets whacked! * Strange bedfellow gain on dollar.. francs & renminbi! * John Mauldin sounding like Chuck? Good day… And a Happy Friday to one and all! this darn cough is driving me batty! It even wakes me up! UGH! It’s just a cough, nothing … Continue reading “ECB Disappoints Markets With Dovish Tapering Details…”
Rocktober 26, 2017 * Norges & Riksbank keep rates unchanged * India gets caught red handed, intervening! * Gold gains a whopping 90-cents on the day! Good day… And a Tub Thumpin’ Thursday to you! Whew! what a World Series Game 2 last night! I tried to stay awake for the whole … Continue reading “It’s All About the ECB Today!”
Rocktober 25, 2017 * Talk, talk, talk, about rate hikes… * BOC meets today… * A$ & kiwi’s rate advantage to narrow? Good Day… And a Wonderful Wednesday to you! Game 1 of the World Series is in the books, and it was a pitcher’s duel, with the Dodgers coming out on … Continue reading “Currency Traders Can’t Escape All The Rate Hike Rhetoric!”
Rocktober 24, 2017 * The dollar stops swinging its hammer… * 4 Central Bank meetings this week! * Russia says, “What sanctions?” Good day… And a Tom Terrific Tuesday to you! Another strange night for sleep for me, but that’s the norm these days, so I won’t bore you with … Continue reading “Scotia Bank To Sell Metals Business…”