June 15, 2021 * The powers that be have said the dollar rules… * Gold & Silver can’t find a bid… Good Day… And a Tom Terrific Tuesday to you! Well, I told you last week that there would be no Pfennig yesterday, as I had a dr. appt. scheduled. I realized over the weekend … Continue reading “Inflation Is At A 13-Year High…”
June 10, 2021 * Currencies & metals lose ground on Wednesday * Bill Bonner & Mohammed El-Erian join us for a discussion of inflation! Good Day… And a Tub Thumpin’ Thursday to one and all! Well, after a week of frustrating losses for my beloved Cardinals they finally won a game last night to stop … Continue reading “What Will CPI Tell Us Today?”
June 9, 2021 * Currencies & metals end up getting sold on Tuesday * The price of Oil rises to $70! Good day… and a Wonderful Wednesday to you! I’m going to start the letter today acknowledging the birthday of one of my fave people in the world… Happy Birthday Laura Baur! Whenever I mention … Continue reading “Who Will Be Our Next Paul Volcker?”
June 8, 2021 * Currencies & metals rallied in the U.S. on Monday * Wages in the U.S. are soaring higher… Good day… And a Tom Terrific Tuesday to you! Well, the doc called yesterday after my bloodwork was run through the gauntlet, and told me that I’m no longer bleeding, and that my blood … Continue reading “Could Basel 3, Send Gold To Higher Ground?”
June 7, 2021 * Another engineered takedown on Thursday… * Russia announces they will remove dollars from their SFW… Good day… And a Marvelous Monday to you! I have some news this morning, I was not thinking on Thursday last week, and failed to alert you to the fact that I had a hospital appointment … Continue reading “Weak Data On Friday, Gives Currencies & Metals Room To Rally”
June 3, 2021 * Currencies & metals rally on Wednesday… * But give back those gains in the overnight markets last night… Good Day… And a Tub Thumpin’ Thursday to one and all! What an awful game last night for my beloved Cardinals… The starting pitcher gave up 11 runs in the first inning, and … Continue reading “As Dollar Weakens, You’re Buying Power Does Too!”
June 2, 2021 * The PPT spends The ESF’s funds to defend the dollar… * Inflation is not transitory… Good Day… And a Wonderful Wednesday to you! I like holiday shortened weeks! And I’m not even employed any longer! Day one of being by myself wasn’t unlike most days… I read, I researched, I napped, … Continue reading “Eurozone Inflation Hits 2%, What Will The ECB Do?”
June 1, 2021 * dollar gets sold to end the week last week * Yesterday’s U.S. holiday, left markets without any direction… Good day… And a Tom Terrific Tuesday to you! And welcome to June! Pfennig Tradition calls for this: June is busting out all over, all over the meadow and the hill… I sure … Continue reading “Gold Moves Past Its Line Drawn In The Sand…”
May 27, 2021 * Dollar gets bought on Wednesday… * Chuck takes us back to the 70’s… Good Day… And a Tub Thumpin’ Thursday to you… I won’t be joining anyone doing any Tub Thumpin’ today, as I’m still weak, but… getting stronger each day, which means my blood loss is being restored, or at … Continue reading “Inflation, Stagflation, They’re Both Bad…”