March 25, 2020 * Currencies, can’t add to Tuesday’s gains… * Chuck tells us the history of stimulus plans…. Good day… And a Wonderful Wednesday to you! I had a so-so day yesterday, having to remain inside for most of the morning to answer email, etc. But by noon, I was outside in the sun, … Continue reading “Congress Finally Passes A Stimulus Bill….”
March 24, 2020 * Currencies finally show some life on Monday… * Chuck thinks this is currency intervention 2.0…. Good day… And a Tom Terrific Tuesday to you! Well, the nurse at the wound center cut off my soft cast, and looked at the graph and said, “it looks great, you’ve had very little drainage … Continue reading “The Fed Throws The Dollar Under A Bus…”
March 23, 2020 * Dollar bugs continue to hold the conn… * Chuck’s spider sense is tingling…. Good Day… And a Marvelous Monday to you… Yes, I’m still here, writing to you from S. Florida, where we haven’t seen anything other than sunny, blue skies with temps in the 80’s for 10 days, and the … Continue reading “Waiting To Hear About The Stimulus Package…”
March 18, 2020 * No reserve ratio required at banks any longer…. * Gold continues to get manipulated in price… Good Day… And a Wonderful Wednesday to you… I hope that everyone is staying healthy, washing their hands all the time, and keeping distance from other people that you don’t know. Everything is closing around … Continue reading “Even Bonds Get Sold Yesterday!”
March 17, 2020 * The Coronavirus has basically shut down the Chinese economy! * Another engineered price takedown of Gold yesterday… Good Day… And a Tom Terrific Tuesday to you! And a Top o’ the mornin’ to ya, as it’s St. Patrick’s Day! I was talked down from the ledge yesterday, but I’m still … Continue reading “The Dollar Bugs Keep Kicking Sand In The Faces of Currencies & Metals!”
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…”