March 16, 2020 * The Fed also implements a bond buying program! * And Morgan Stanley says, “it’s Time to sell dollars!” Good Day… And a Marvelous Monday to you! Well, everything is shutting down, schools, baseball, all sports for that matter, social groups of 250 or more, it’s beginning to look very ugly folks… … Continue reading “The Fed Slashes Rates To Near Zero!”
March 11, 2020 * safe haven reversals continued on Tuesday… * Shale Producers are having problems… Good Day… And a Wonderful Wednesday to you! Well, I can say that it’s been real, and it’s been fun, being back in the saddle, but… it hasn’t been real fun! HAHAHAHAHA! Just kidding, I love what I do … Continue reading “The U.S. Talks About A Stimulus Package…”
March 10, 2020 * Traders reverse Friday’s trading on Monday… * Last week’s “emergency rate cut” to be followed up next week… Good day… And a Tom Terrific Tuesday to you! Another day in the markets, and another day on a roller coaster! That and other thoughts will be discussed this morning, but first…. I … Continue reading “The PPT Does Some Heavy Lifting!”
March 9, 2020 * Gold, bonds, and safe haven currencies rally… * The Fed St. Louis talks about negative interest rates…. Good Day… And a Marvelous Monday to you! Well…. I’m back! Back from a great week of spending time with good friends, going to baseball games, and going out to dinner! My beloved Cardinals, … Continue reading “Coronavirus Takes Front And Center Of Traders’ Minds…”
February 26, 2020 * The price Manipulators weren’t finished selling Gold Short on Monday * The dollar bugs continue to hold the conn over the currencies… Good Day… And a Wonderful Wednesday to you! The last Pfennig until March 9th… I know you all will not like the fact that I won’t be writing … Continue reading “Gold Gets Whacked!”
February 25, 2020 * Gold gives back $30 of its Monday gains, but still records a profit! * The dollar bugs still have the conn over the currencies… Good day… And a Tom Terrific Tuesday to you! Another chamber of commerce day, weather wise, here yesterday.. I hear word of a cold front moving through … Continue reading “The Boys In The Band, Show Up…. UGH!”
February 24, 2020 * Gold soars on Friday and this morning! * Dollar is still well bid VS most currencies… Good Day… and a Marvelous Monday… Next week, I’ll be on vacation, my annual spring vacation from writing, so this is just a warning! Well, Spring Training games finally began for me on Saturday. I … Continue reading “A Global Flight To Gold & Treasuries Is Among Us!”
February 19, 2020 * dollar bugs continue to slice and dice the currencies… * But I did tell you this could happen this week, and to batten down the hatches! Good Day… and a Wonderful Wednesday to you! Another beautiful day here yesterday, unfortunately, for me, I was unable to get outside until late afternoon… … Continue reading “Gold Gets Firmly On The Rally Tracks!”
February 18, 2020 * dollar bugs continue to put pressure on the currencies * Jim Grant says the Fed is now the lender of first resort… Oh my! Good day… And a Tom Terrific Tuesday to you! In case you’re wondering about me, my visit to the wound center yesterday, was good, as more healing … Continue reading “When Will Safe Havens Be Bought Up By The Truck Loads?”