July 16, 2019 * Eurozone Trade Surplus widens… Uh-Oh! * Chuck Thinks this summer reminds him of 2007… Good Day… And a Tom Terrific Tuesday to you! I know that I said that I would be out today, but I got the word yesterday, that I needed show up until after noon… So… here I … Continue reading “Surprise, Surprise, Surprise!”
July 15, 2019 * Gold goes on a roller coaster ride… * Chinese data is pretty fair, no armageddon there yet… Good day… And a Marvelous Monday to you! Doesn’t it seem as though we just started July, and we’re already half way through it? The Rolling Stones sang oh, so many years ago… Time … Continue reading “Look Who’s Pounding The Drum For A Weaker Dollar!”
July 11, 2019 * Gold soars on the Powell comments that a rate cut is coming… * Currencies get on the rally tracks too, as the dollar gets sold… Good Day…. And a Tub Thumpin’ Thursday to you! I’m going to try to do some Tub Thumpin’ this weekend ahead of my hospital visit … Continue reading “FOMC Meeting Minutes Show More Members Interested In A Deeper Cut!”
July 10, 2019 * Currency Traders are waiting for Powell’s speech today * Chuck throws out a number for Gold, should things change… Good Day… And a Wonderful Wednesday to you! OK, OK, so I was wrong about the day Powell was supposed to speak! It wasn’t yesterday, it’s today! That’s what I get for … Continue reading “Upon Further Review… Jerome Powell Speaks Today!”
July 9, 2019 * Dollar bugs continue to apply pressure to the currencies & metals… * Chuck pulls out the Big Guns, with a visit from Murray Rothbard! Good Day… And a Tom Terrific Tuesday to you! Another day of sun and no rain here, boy it looks like things are drying up, finally! I … Continue reading “What Will Jerome Powell Say Today? or Better Yet, Why Do We Care?”
July 8, 2019 * Congrats to the USWNT for their World Cup victory! * Currencies and Gold get whacked badly on Friday! Good Day… And a Marvelous Monday to you! No short week for me this week, but I have to say that I really enjoyed my 4th of July holiday weekend so much, that… … Continue reading “Lies, And Other Things Dominate The Jobs Jamboree!”
July 3, 2019 * Currencies see a non-movement day… * Strange couple of days for the price of Oil… Good day… And a Wonderful Wednesday to you! The day before our country’s Independence Day, on the Fourth of July. On July 4, 1776, the 13 colonies claimed their independence from England, an event which eventually … Continue reading “Gold Fights Back!”
July 2, 2019 * Gold bugs continue to wipe out gains by the currencies * Markets seem to believe the Trade War is over? Good Day… And a Tom Terrific Tuesday to you! A travel day for my beloved Cardinals as they head for a 3-game series with the Mariners, in Seattle… Two teams going … Continue reading “Gold Gets Whacked, But Why?”
July 1, 2019 *The overnight markets haven’t been kind to the currencies & metals * The RBA cuts rates… Good Day… And a Marvelous Monday to you! Pfennig tradition calls for this today… There I was on a July Morning… I was looking for love… With the strength of a new day dawning, and a … Continue reading “Trump And Xi Are Buddies Again!”