May 13, 2021 * Currencies & metals get sold in a move to protect the dollar * Markets believe that the Fed will hike rates to combat inflation? Good Day… And a Tub Thumpin’ Thursday to one and all! Well, besides the pain in my stomach from the pulled muscle, I do believe I’m through … Continue reading “So-Called Transitory Inflation Soars!”
May 12, 2021 * Currencies drifted on Tuesday… * Gold fights back on Tuesday to erase an intraday loss! Good Day… And a Wonderful Wednesday to you… As the group Chicago sang many years ago, I’m feeling stronger every day…. The pain in my stomach from the pulled muscle, is not as sharp of a … Continue reading “Dollar Reserves Held By Central Banks Fall to 59%…”
May 11, 2021 * currencies can’t hold their gains from Friday, on Monday.. * Gold & Silver with steady under the radar increases… Good Day… And a Tom Terrific Tuesday to you! Well, yesterday, I told you that rest and sleep were my best bets to healing, and so I basically slept all day… I … Continue reading “Back From The Living Dead…”
May 10, 2021 Good day…. And a Marvelous Monday to you… This will be the shortest Pfennig on record, as I almost didn’t answer the bell this morning… My cold took a turn for the worse, and I pulled a muscle in my stomach during one of my coughing spells… I can’t breathe without major … Continue reading “April Jobs Print Only 266,000….”
May 6, 2021 * Currencies & metals rally in the overnight markets * Sam Zell finally bellies up to the Gold window… Good Day… And a Tub Thumpin’ Thursday to one and all! Well… This is going to be a short one today folks, I’m beat, draggin’ the line, and feeling like death warmed over… … Continue reading “Yellen Sees No Inflation Problem…”
May 5, 2021 * Currencies & Metals wrapped a tourniquet around their bleeding… * Little to no movement in these markets this morning… Good Day… And a Wonderful Wednesday to you! It’s also Cinco de Mayo! More on that in the wrap up at the end of the letter today… Yesterday it was May the … Continue reading “The Price Of Oil Continues To Climb Higher…”
May 4, 2021 * Currencies & metals rally on Monday… * But give back most of their gains in the overnight markets… Good Day… and a Tom Terrific Tuesday to you! And May The Fourth Be With You! HA! tried to sit outside yesterday afternoon, to allow the warm sun to dry me up from … Continue reading “Arkansas Eliminates Sales Tax On Gold & Silver!”
May 3, 2021 * Currencies & metals attempt to rally back this week… * Former Mint Director, says there’s a shortage of metals… Good Day… And a Marvelous Monday to you! And Welcome to May! Hopefully the crazy weather of April will have given up the ghost, and May will be more certain… Pfennig tradition … Continue reading “Wage Inflation Begins To Creep Higher…”
April 29, 2021 * Powell leaves traders nothing concrete to trade on * The price of Oil jumps higher! Good Day… And a Tub Thumpin’ Thursday to you! I really feel like going out and doing some Tub Thumpin’ myself today… But I have a cable guy coming this afternoon, so there goes that idea … Continue reading “Currencies Rally On Unknowns…”