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December 11, 2019 • by Chuck Butler • No Comments

December 11, 2019 * Currencies drift up and down on Wednesday…  * Next week could be BIG….  Good Day… And a Wonderful Wednesday to you! Well… I attended a holiday party last night that basically is an old Mark Twain Bank reunion, hosted by Frank Trotter, John Dubinsky, and Chris Lissner… I get a kick … Continue reading “It’s FOMC Meeting Day!”

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December 10, 2019 • by Chuck Butler • No Comments

December 10, 2019 *Currencies & metals drift throughout the day on Monday * RIP… Paul Volcker…  Good Day… and a Tom Terrific Tuesday to you! Well… How are you today? Good I hope! I watched a 30 for 30 last night, and it was about the 1983 N.C. State Basketball team. Longtime basketball folks will … Continue reading “Markets Redirect Their Focus To Tomorrow’s FOMC…”

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December 9, 2019 • by Chuck Butler • No Comments

December 9, 2019  * Currencies and Metals get sold on Friday…  * Ted Simmons Goes to the Hall of Fame!  YAHOO!!!! Good Day… And a Marvelous Monday to you! I was one happy camper last night, when the news came across the screen that my all-time favorite Cardinals baseball player, Ted Simmons, had been elected … Continue reading “The Rot On Trucking’s Vine Is Being Exposed!”

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December 5, 2019 • by Chuck Butler • No Comments

December 5, 2019 * Currencies drift higher on Wednesday…  * Gold backs off by $3, and starts today in the red…  Good day… And a Tub Thumpin’ Thursday to you! Another day, another day of weak data… what else is new here in the U.S.? These are strange days, because everyone, and I mean everyone … Continue reading “Quarles Says Banks Are Stable… Why Do They Need Repo Money Then?”

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December 4, 2019 • by Chuck Butler • No Comments

December 4, 2019 * Currencies drift with no data on Tuesday… * Talking with Elvira, makes Chuck smile…  Good day… And a Wonderful Wednesday to you! I was reminded yesterday by our local newspaper that it was the day to look back to December 3, 1990, when a man named Iben Browning predicted that we … Continue reading “Have You Ever Heard Of A Debt Bomb?”

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December 3, 2019 • by Chuck Butler • No Comments

December 3, 2019 * Currencies & metals rally on Monday * Waiting for a short squeeze in Gold?  Good Day… And a Tom Terrific Tuesday to you! Well, have you recovered from your Thanksgiving weekend, of… maybe travel, eating, celebrating, etc.? I had forgotten last night, that the Blues were playing the Blackhawks… But remembered … Continue reading “U.S. Data Continues To Disappoint…”

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December 2, 2019 • by Chuck Butler • No Comments

December 2, 2019 * Currencies succumb to the dollar’s strength * We may, after all, find out who needs repo money….  Good Day… And a Marvelous Monday to you!  And Welcome to December! I hope you all had a very Blessed Thanksgiving, with family, friends, whomever, and that you took the time to hug someone … Continue reading “Someone Is Betting On $4,000 Gold….”

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November 26, 2019 • by Chuck Butler • No Comments

November 26, 2019 * Currencies go back to drifting on Monday…  * You really need to read the FWIW article today!  Good Day… And a Tom Terrific Tuesday to you! Since this is the last Pfennig before the Thanksgiving holiday, I have a special treat for you… Well, the same treat as I have every … Continue reading “No Need For A Safe Haven? Hogwash!”

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November 25, 2019 • by Chuck Butler • No Comments

November 25, 2019 * Currencies & metals get sold on Friday…  * U.S. Data will be all jammed into Wednesday…  Good Day… And a Marvelous Monday to you! Talk about a shortened week! That’s this one folks! Today and tomorrow are the only days the Pfennig will be written this week, as Wednesday I head … Continue reading “What Lola Wants, Lola Gets….”

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