April 29, 2020 * currencies lose ground during the day * Has this become a Europe / Asia VS U.S. Traders thing? Good Day… And a Wonderful Wednesday to you! I guess that serves me right, to depend on the weather forecast this week, that over the weekend said that each day would have some … Continue reading “What Will Powell Have To Say Today?”
April 28, 2020 * Currencies lose ground on Monday, but rebound overnight! * Gold can’t find a bid on Monday…. Good Day… And a Tom Terrific Tuesday to you! Well, yesterday, was a blur to me…. I did some reading, did some crossword puzzles, and then fell asleep around 2 pm and didn’t wake up … Continue reading “Oil Tankers Become The New Method Of Storage!”
April 27, 2020 * Currencies rally on Friday and through to today… * Templeton closes 6 bond funds in India! Good day…. And a Marvelous Monday to you! Well, after two rotten to the core days here with chilly rain, and gray skies, the sun came out yesterday, and it was an absolutely beautiful day! … Continue reading “The FOMC Meets This Week….”
April 23, 2020 * dollar bugs return to the top of the hill…. * Gold gets back above $1,700…. Good Day… And a Tub Thumpin’ Thursday to you! My memory came back to me last night, as I remembered what I was doing during the actual Game 4 of the World Series in 2006…. My … Continue reading “ECB To Buy Junk Bonds….”
April 22, 2020 * Currencies were flat yesterday but have moved overnight! * The price of Oil recovers to close above zero! Good Day… And a Wonderful Wednesday to you! Well, Monday will be a day I never forget, as I saw something that no one ever before saw, and it was an Oil price … Continue reading “Gold Goes For A Turn On Mr. Toad’s Wild Ride Yesterday!”
April 21, 2020 * Currencies ended the day flat VS the dollar on Monday * Gold see another round of selling this morning… Good Day…. And a Tom Terrific Tuesday to you! Well I had my video meeting with my primary doc yesterday morning, and he told me that “You look good”…. I started to … Continue reading “The Price Of Oil Collapses!”
April 20, 2020 * dollar bugs win back the conn, what gives? * Gold see another engineered takedown on Friday…. Good day… And a Marvelous Monday to you! Another week in the books on staying at home…. I did venture out to my scans and oncologist visit last week, but I practiced personal distancing, except … Continue reading “U.S. Data Prints Are Awful….”
April 15, 2020 * the dollar fights back in the overnight markets * The boys in the band come back to work…. UGH! Good day… And a Wonderful Wednesday to you… This’ll be the last Pfennig this week, as I have been summoned by my oncologist to her office tomorrow, bright and early…. I told … Continue reading “When Will Traders Admit We’re In A Recession?”
April 14, 2020 * Gold has taken off for the stars…. * The Dollar Index drops from 102 to 99…. Good Day… And a Tom Terrific Tuesday to you! Well, my Zoom meeting with my heart doc. didn’t take place yesterday as planned… I guess no one showed up in his office to work! Sign … Continue reading “The Currencies & Gold Team Up On The Dollar!”