December 30, 2019 * Silver tries to move higher, but was stopped! * Chuck offers an idea to help the economy…. Good Day… And a Marvelous Monday to you. Well, I’m back… if only for two days this week… Today and Thursday… As tomorrow we will put a bow on 2019, and pack it away, … Continue reading “A Chuck Was Away Rally For The Currencies!”
December 24, 2019 Good day…. And the Merriest Christmas ever to you! Pfennig tradition says this is what’s in store, so here you go! Twas the night before Christmas And Chuck’s feeling low… He’s stuck in St. louis, With all the ice and snow! To warmer climates he wishes he was… And then looks at … Continue reading “Merry Christmas!”
December 16, 2019 * Currencies lose a little ground on Friday * Rubles are best performing currency in 2019 Good Day… And a Marvelous Monday to you! Well, we’ve come to that time of year, when Chuck goes on his annual Winter Vacation… That will start tomorrow and go through the 26th… When I used … Continue reading “Will This Phase One Be A “One And Done?””
December 12, 2019 * Currencies & metals rally on Wednesday * First ECB meeting for Lagarde today… Chuck’s watching… Good Day… And a Tub Thumpin’ Thursday to you… On our triple T-day, we will attempt to unravel the mystery of What The Hell the Fed Is Up to! OK, I’m just kidding… I doubt anyone … Continue reading “Dollar Bugs Get Sent To The Woodshed…”
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!”
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…”
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!”
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?”
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?”