September 15, 2020 * The euro inched higher on Monday… * Have Gold & Silver found their mojo again? Good Day… And a Tom Terrific Tuesday to you! I said a prayer last night and asked that Mother Nature give the gulf coast a break… Please be safe if you’re in that region! When I … Continue reading “Have Traders Already Gone Into Their “Let’s Wait For The Fed” Funk?”
September 14, 2020 * Thursday & Friday last week trading was Meh… * Velocity of currency is what the Fed needs to get their inflation! Good Day… And a Marvelous Monday to you! A strange weekend weather-wise here, with clouds, and sun, and cooler temps than are normal for this time of year… Saturday morning, … Continue reading “The Pfennig Hits The Big Time!”
September 9, 2020 * dollar buying continued on Tuesday… * What’s causing the disruption of completing the Nord Stream 2? Good Day…. And a Wonderful Wednesday to you! Well, a day/night doubleheader didn’t go without a win, like the last doubleheader did here against the last place Pirates… My beloved Cardinals settled for a split … Continue reading “The CBO Says Our Budget Deficit Is $3 Trillion, With A Month To Go!”
September 8, 2020 * The dollar bugs start the week with the conn… * Unemployment Rate drops, but Continuing Claims rise? Good Day… And a Tom Terrific Tuesday to you! It was a real Chamber of Commerce weekend here for our Labor Day Holiday weekend, and all I could think about Saturday, was that it … Continue reading “Here We Go Again, With Fuzzy Numbers…”
September 3, 2020 * Another day of “suspicious” dollar buying… * Bill Bonner gives us his thoughts on the eviction moratorium… Good Day…. And a Tub Thumpin’ Thursday to you! Another yucky day weather wise here where I live in the summer and fall months… I don’t know that it ever really rained, it just … Continue reading “Has The Fed Painted Itself Into A Corner?”
September 2, 2020 * The dollar bugs fought back yesterday and overnight * Chuck talks more about the Fed’s inflation averaging…. Good Day… And a Wonderful Wednesday to you! WOW! I don’t know what my beloved Cardinals had for lunch yesterday, but they came out swinging against one of the better pitchers in the league, … Continue reading “Will You Make Your Mortgage Payment To The Fed?”
September 1, 2020 * Currencies & Metals both rally on Monday… * Chuck’s thoughts on The Fed’s Inflation averaging… Good Day… And a Tom Terrific Tuesday to you! A real downer day here yesterday with clouds and rain, but by dinner time the sun was out, and it was a nice evening…. I wasn’t feeling … Continue reading “Is JC Penney Headed To Liquidation?”
August 31, 2020 * Currencies & Metals both rallied strongly on Friday… * Chuck questions just what the heck did Powell say? Good day… And a Marvelous Monday to you! Ok, front and center this morning… I had my scans on Thursday morning, and one Friday morning I received the results… No new cancer was … Continue reading “Powell Does His Best Imitation of Big Al Greenspan!”
August 26, 2020 * A nothing day in currencies and metals yesterday * Traders wait for Powell’s talk on generating inflation tomorrow… Good Day… And a Wonderful Wednesday to you! I had a good day yesterday, and didn’t require a long nap during the day! There are days when I wake up and know that … Continue reading “Neil Barofsky Tells Us How The TARP Money Was Used…”