February 24, 2022 * It’s all about buying safe havens today * A short-n-sweet Pfennig today… Good Day… and a Tub Thumpin’ Thursday to you! Well, the inevitable finally became reality yesterday, as Russia has invaded Ukraine… This throws Europe into the worst debacle sine WWII… Sorry to start the letter with such disparaging news, but … Continue reading “Russia Invades Ukraine, Gold Soars!”
February 23, 2022 * Currencies and metals rally in the overnight markets * What’s Chuck talking about now? Good Day… And a Wonderful Wednesday to you! A good night last night… went to dinner with friends down here for the month… one of my fave restaurants here in the Juno Beach area… I’m from S … Continue reading “RBNZ Hikes Their OCR To 1%!”
February 22, 2022 * Currencies and Silver rally in the overnight markets * Chuck points out two demons in our past… Good Day… And a Tom Terrific Tuesday to you! Well, I hope you have a nice Holiday weekend, for I sure did! The weather was grand and oh so nice… I was able to … Continue reading “The Price Of Oil Leaps Higher!”
February 17, 2022 * Currencies and metals rally yesterday & overnight * A Good Data Day, but the dollar gets sold any way! Good Day… And a Tub Thumpin’ Thursday to one and all! My Billikens put a stop to their 2-game losing streak, to the Bonnies of St. Bonaventure, and whipped up on La Salle … Continue reading “THE FOMC Fails To Look Forward…”
February 16, 2022 * Currencies and metals rally in the overnight markets * Martial Law for Canada… Good Day… And a Wonderful Wednesday to you! What a windy day here yesterday, I was thinking that maybe some of the Palm trees would blow over, but that didn’t happen, thankfully! Went to dinner last night with … Continue reading “The 10-year Treasury Yield Moves Past 2%”
February 15, 2022 * Currencies rally in the overnight markets * An apparent end of saber rattling has safe havens running for cover! Good Day… And a Tom Terrific Tuesday to you! Well, my Billikens basketball team can’t seem to figure out the St. Bonaventure Bonnies, losing to them twice in the last 5 days… … Continue reading “10-year Treasury Yield Climbs Past 2.0%!”
February 14, 2022 * Currencies and metals rally on Friday… * Will We Continue To Turn Japanese? Good Day… And a Marvelous Monday to you! Well… Kathy came back to S. Florida on Saturday, and immediately lit candles in the condo… I guess the smell was too much bachelor smell? HA! Well, the Super Bowl … Continue reading “Inflation AT A 40-Year High, U of Michigan Confidence At A 10-year low, But The Dollar Rallies”
February 10, 2022 * The dollar weakens in the overnight trading… * What’s up with the Senate not confirming Powell? Good Day… And a Tub Thumpin’ Thursday to one and all! Yesh! Yesterday was a complete washout as far as getting outside was concerned… It was one of those days where you say, “we have to … Continue reading “What Will CPI Have Up Its Sleeve Today?”
February 9, 2022 * Currencies & metals rally on Tuesday & overnight * One of the unintended consequences of QE… Chuck explains… Good Day… And a Wonderful Wednesday to you! Well, I received an email from a reader yesterday, that had me stop and think… He told me to stop complaining about everything, and write … Continue reading “Traders Pare Down Dollar Positions Ahead Of CPI Print…”