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The Dollar Gets Ambushed Overnight!

3 days ago

A Pfennig For Your Thoughts
November 30, 2021
* Currencies & Metals get sold on Monday… * Is There a shortage of physical Silver? 
Good Day… And a Tom Terrific Tuesday to you! It appears that we’re in for a week of warmer than usual weather this week… I sat outside to read for about an hour yesterday, it was chilly, but the sun felt warm… Tomorrow we turn the calendar to December… And with December comes, not only Christmas and New Year’s Eve, but also Chuck’s annual winter vacation! YAHOO! Not to worry, it’s not going to start until December 17th, and will end on December 27… I plan to write my usual Christmas Pfennig, so look for that while I’m on vacation… My wife asked me, how does one go on vacation when they are retired? Ahhh, grasshopper, I said, I still work every day doing reading

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Dollar Buying Continues…

4 days ago

A Pfennig For Your Thoughts

November 29, 2021

* Currencies & Gold rally on Friday in thin volume… 
* The Dollar Tree is now the $1.25 Tree… 

Good Day… And a Marvelous Monday to you! I trust you all had a very Blessed Thanksgiving? I did, and enjoyed seeing everyone once again… I was sad to hear that son Andrew, and his family, which includes my little Evie, would not be with us this year, at it was the year where they went to his wife’s (Rachel) mom’s for Thanksgiving… And that brought me back to old memories of the arguments Kathy and I used to get into about who’s house we would be going to on Thanksgiving… But those all ended, thankfully, when I decided that we would host Thanksgiving at our house every year, and from then on… things have gone beautifully! Silly things, that aren’t

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The Reserve Bank Of New Zealand Hike Rates!

9 days ago

A Pfennig For Your Thoughts
November 24, 2021
* currencies & metals get sold again on Tuesday* The Aden Sisters drop by the Pfennig today… 
Good Day… And a Wild, Wacky, Wonderful Wednesday to one and all! We’ve been in a very strange weather pattern lately, where for a couple of days it warms up so it’s not so chilly, and then it goes right back to being bone chilling chilly! Yesterday and today, are the designated warmer days this week, before we head back to the cold… Longtime readers know that I abhor cold weather, and it’s the main reason I spend my winters in S. Florida… Tomorrow is Thanksgiving, and I will give thanks once again for living in the U.S.A. We may have our problems here, but… People all over the world would love to live here, so apparently their problems are worse! Our

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50 Million Barrels Of Oil Released From The Strategic Reserve…

10 days ago

A Pfennig For Your Thoughts

November 23, 2021

* Currencies & metals get sold with vigor on Monday
* $152 Million in fines levied to the Bullion Banks, and still… 

Good Day.. And a Tom Terrific Tuesday to you! Well, have you taken your frozen turkey out of the freezer and transferred it to the fridge to begin the thawing? What are you waiting for? I kid, I have no idea when that all is supposed to take place or go in order… All I know is that at some point Thursday afternoon, I’ll get called to come carve the turkeys… And that’s my contribution…. That and drinking a bottle of wine with dinner! HA! Our Blues got back on the winning side of the ledger last night with a win VS Vegas… On Wednesday and Friday, the Blues play the Red Wings and Blackhawks respectively… Before the realignment

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Dollar Buying Continues…

16 days ago

A Pfennig For Your Thoughts
November 17, 2021
* Currencies & metals get sold on Tuesday… * China surpasses the U.S. as wealthiest nation… 
Good Day… And a Wonderful Wednesday to you! Our Blues played last night and lost their 4th game in a row. UGH!   And my St. Louis U. Billikens Basketball team played last night and they found out that they are not ready for prime time… UGH!  I had a long conversation yesterday, with good friend, Dennis Miller… He sounded much better than the last time I talked to him, but he’s still not out of the woods… He’s itching to do a letter, and drafted one, and sent it to me to look over… That’s the best medicine as far as I’m concerned… Get back on the saddle and ride until you can’t ride any longer! Stan Whitmire greets me this morning with his version of

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More Dollar Buying Has The Euro Very Oversold!

17 days ago

A Pfennig For Your Thoughts

November 16, 2021

* Currencies can’t find a bid on Monday… 
* Gold & Silver rally in the overnight trading… 

Good Day… And a Tom Terrific Tuesday to you! Well, remember when I said that the Blues had gotten off to a great start, but it was important not to get too excited early, as it was a long season? Well, Sunday night they lost their third straight game… UGH! Sometimes I hate it when I’m right! HAHAHAHAHA! Recently, someone asked me if I still played the guitar, and I told them that it had been 2 years since I last picked up my guitar… That got me thinking last week, and I went and got my guitar, tried to tune a string, and it broke! Now I had to go online and buy new strings… So much for that wild hair, of playing my guitar! Lunch yesterday, with Frank

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Consumer Inflation Jumps To 6.2%!!!

22 days ago

A Pfennig For Your Thoughts

November 11, 2021

* The dollar gets bought by the bushelful on Wednesday
* Gold & Silver finally get on the inflation hedge rally tracks! 

Good Day… And a Tub Thumpin’ Thursday to one and all! Today is Veterans Day! A day that should be a national holiday in my book, and not a semi-holiday… I’m getting my chimney swept for Veteran’s Day… I usually take a drive to the country to the burial grounds and put a new Flag on my Dad’s grave, but I think I’ll have to do that at another time this year, as it’s a rainy day… This weekend, I’m going to go to Columbia Mo. My youngest son Alex asked me to go to the football game with him, and I couldn’t say yes fast enough! It’ll be a cold day, but at least it’ll be during the afternoon and hopefully the sun will be

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Dollar Selling Gets Turned Around, Overnight…

23 days ago

A Pfennig For Your Thoughts

November 10, 2021

*Currencies and Gold rally on Tuesday… 
* But something occurs overnight, and the dollar rallies… 

Good day… And a Wonderful Wednesday to you! Well, the sun never made an appearance here yesterday, but the weather was OK to sit outside for awhile… Our Blues, my Tigers, and Billikens all played last night… The Tigers and Billikens kicked off their basketball seasons last night, and our Blues traveled from Anaheim to Winnipeg to play last night, and all three teams won! The Blues won in a shootout, which I still say is the dumbest way to decide a professional game, and the Billikens won as did the Tigers… So, it was a good Tuesday night for my teams! The Billikens play again tonight, and look to begin their season 2-0… The Tigers will renew

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NY Fed Poll Show Inflation Expectations Rise To 5.7%

24 days ago

A Pfennig For Your Thoughts
November 9, 2021
* Currencies and metals continue their rallies on Monday* Russian inflation soars…. Where are the rate hikes? 
Good day… And a Tom Terrific Tuesday to you! The results for the Gold Glove voting on Sunday night, really went the way of the Cardinals… 5 Cardinals received Gold Gloves, with the best defensive catcher, arguably, Yadi Molina, being the only Cardinals not to receive a Gold Glove this year… 5 Teammates with Gold Gloves the same year, is a new major league record… So, congrats to: Arenado, Edman, Goldschmidt, O’Neil, and Bader… Good jobs all! I fear that the collective bargaining agreement that baseball is run under, and comes up on December 1st, is in for a long drawn out negotiation, and could mean a delayed start to spring training…

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Gold & Silver Say: Taper… Shaper!

25 days ago

A Pfennig For Your Thoughts
November 8, 2021
* Currencies & metals rally late last week* The Fed/ Cabal/ Cartel says they will reduce their bond buying this month by $15 Billion… 
Good Day… And a Marvelous Monday to you! Well… My beloved Missouri Tigers beat the spread on Saturday, and only lost by 37 points instead of 39! If Georgia isn’t the best team in the country, then I’ll eat a donut! And I don’t eat donuts any longer! I had my black and gold on for the game, but nothing helped my Tigers… Like I said last week, I expected an Indian summer weather front to come through at some point, and that some point is now… This warmer weather will only last a few days, and then it’ll be back to normal… My trip to the dentist was a non-event, as far as things that can go awry… I do have to go

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Closing The Barn Door Too Late!

October 26, 2021

A Pfennig For Your Thoughts
Rocktober 26, 2021
* Currencies & metals rally on Monday…* Ayn Rand contributes to the Pfennig today!
Good Day.. And a Tom Terrific Tuesday to you! A very chilly, gray, and windy day here yesterday, was definitely not conducive to sitting outside and reading… But having days like yesterday, make the sun filled days with warmth, even more enjoyable! It was a Blues hockey night last night…And Our Blues won again this time 3-0! And I got caught up on all my reading during the day, which left me free to take in the hockey game! I’m into wearing a sweatshirt/ hoodie around the house every day now… There’s still two more months before I head to my winter home in S. Florida… I’m sure I’ll get there, but, right now I don’t know how I’ll get there without whining and

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The Island Of Gold Has Been Found!!!

October 25, 2021

A Pfennig For Your Thoughts

Rocktober 25, 2021

* Currencies & metals rally on Friday… 
* Gold trades over $1,800 this morning… 

Good Day… And a Marvelous Monday to you! What a storm that blew through here last night… The house lights went off a couple of times, but came back on within a minute… I was knee deep into a series on Apple TV, and I know I’m a year behind, but I really got into the Ted Lasso series… While I’m on it… I don’t get into to paid TV… I don’t subscribe to HBO, SHO, any of them, but my wife bought a new phone and got 3 months free of Apple TV, and so….I watched Apple TV all night! Our Blues are off to a great start to the season… And they’re scoring lots of goals… Love it! The Elvin Bishop Band greets me this morning with their song: Fooled Around And Fell In Love…

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Is Silver Ready For Prime Time?

October 20, 2021

A Pfennig For Your Thoughts

October 20, 2021

* Currencies & metals gain VS the dollar On Tuesday
* Russia to continue to eliminate their use of the dollar… 

Good day… And a Wonderful Wednesday to you! Well, how about that comeback for the Dodgers yesterday? I, like many Dodger fans that left early, thought that the game was over, but it wasn’t! I don’t have a dog in the hunt here, and actually would prefer the Braves won the series, because the Dodgers won it last year, so I’m not rooting for any team to speak of… Just thought that the 8th inning rally was a good one… Still haven’t been able to enjoy the nice weather here during the day, as the workers are still at it in my backyard… I did get to talk to some neighbors, Gary and Barb, Monday evening, and that was cool since I hadn’t

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Weak Data Causes Dollar Selling…

October 19, 2021

A Pfennig For Your Thoughts

Rocktober 19, 2021

* Currencies & Metals rally in the overnight markets
* Could we have more stock trading scandals for the Fed/ Cabal/ Cartel?

Good Day… And a Tom Terrific Tuesday to you! Well, the temperature did warm up yesterday, but with work being done in our backyard/ pool, I remained inside with my Bose noise cancelling ear buds in, so I didn’t have to hear the sand blasting going on! I still had on a Blues sweatshirt all day, as the chill was still felt in my bones! The ACLS game was on last night, but was still being played at bed time for me, so I didn’t get to see the end… Our Blues also had a late game in Phoenix last night, that I also didn’t get to see! UGH! Wednesday night they play in Vegas and that too is a late starting game, as well as

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Dollar Selling Ends In The Overnight Markets…

October 18, 2021

A Pfennig For Your Thoughts

October 18, 2021

* Gold’s recent gains were nearly wiped out on Friday
* The Fed/ Cabal/ Cartel tells us we’ve got inflation all wrong! 

Good Day… And a Marvelous Monday to you… Who turned off the heat? I woke up yesterday to a temperature of 39 degrees! Chilly, for sure, and I’m no fan of cold weather, so this quick change to chilly weather had me piling on clothes to combat it! I even had to break out the long pants! I had lived in shorts for 9 months, so I had to search for long pants that would fit my new slimmer body… Now that’s a good problem to have, I know… But… what a Pain! Every thing I pulled out seemed to look like Clown Pants on me! I guess I’ll have to buck up and buy some new stuff! UGH! My beloved Cardinals fired their manager last week…

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Supply Chain Problems Continue…

October 13, 2021

A Pfennig For Your Thoughts

Roctober 13, 2021
* Currencies & metals get bought in the overnight markets
* the Stupid CPI will print today… What will it show? 
Good Day… And a Wonderful Wednesday to you! Well, that just goes to show ya, that I shouldn’t pin my colors to the mast of any team other than my Cardinals, Blues, Tigers and Billikens, because all I do is jinx them! I said yesterday that I had gotten on the White Sox bandwagon… And then they promptly blew a tire against the Astros… UGH! Now it’s the Astros VS the Red Sox… I can’t root for the Astros, because they will forever be in my mind as cheaters… And I can’t stand the Red Sox, so… What to do, what to do… It was a real Chamber of Commerce day here yesterday, I sat outside to read for 3 hours, until the sun became too hot… (it

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Dollar Buying Hits A Crescendo!

October 12, 2021

A Pfennig For Your Thoughts
Roctober 12, 2021
* Gold & Silver trade flat on Monday… * The dollar sees some slippage in the overnight markets… 
Good Day… And a Tom Terrific Tuesday to you! With 4 post season baseball games on the docket yesterday, I was prepared to hunker down and sit out the rain filled day, watching baseball… But then the first game of the day was cancelled because of rain, and that just messed me up for the rest of the day! I’m a schedule follower, in case you didn’t know, and once I’m thrown a curve on the schedule, I can’t adjust to take the pitch to right field… Talk about day and night! Sunday was very warm in the mid 80’s, sunny and blue skies, and Monday was as I said rain filled, with loud thunder, and damaging winds in places… I’m hoping that we get back to sun

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Jobs Disappoint!

October 11, 2021

A Pfennig For Your Thoughts
Roctober 11, 2021
* Currencies are stuck in the mud…* Bond and Oil are pointing to higher inflation ahead… 
Good Day… And a Marvelous Monday to you! Well, I’m back home in my little river town today. Getting here was a nightmare, but as I told my beautiful bride yesterday: “I thought we were lucky to get home when we did”… Apparently, Southwest had cancellations and delays out the ying=yang on Friday, so… we were lucky to get home, albeit hours later than originally booked! Yesterday, we celebrated my little Evie’s 2nd birthday, which is actually today… She’s already won my heart, and wrapped me around her little finger! So, Happy Birthday Evie! My beloved Missouri Tigers got back on the winning side on Saturday, but… They still didn’t play the brand of defense

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The Great Mogambo Guru Speaks!

October 8, 2021

A Pfennig For Your Thoughts

October 8, 2021

Good Day… And a Happy Friday to one and all! I know I don’t usually write to you on Fridays, but… I told you earlier this week that my good friend, the Great Mogambo Guru was writing something that he would share with me… And voila! He did just that yesterday, so I wanted to get this out to you, dear reader, and hope you enjoy it as much as I did when I read it…

So, with no further ado… Here’s the Great Mogambo Guru…

***** There are thousands upon thousands of professors at thousands and thousands of colleges and universities all across this favored land,  none of whom have invited me to speak or even drop by for a lousy cup of coffee. And since we’re on the subject, these are the same guys who have all been very rude to me when I call to

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Kicking The Can Down The Road, Once Again!

October 7, 2021

A Pfennig For Your Thoughts
October 7, 2021
* The dollar is a bit stronger this morning… * Gold & Silver stage another total reversal yesterday! 
Good day… and a Tub Thumpin’ Thursday to you! Well, my beloved Cardinals couldn’t find a way to drive a run home last night and their season ended… UGH! And ugly way to lose a game for the Cardinals, and a great way to win a game for the Dodgers…. The Sunrise this morning is blocked by a marine layer of clouds, but I can see the light behind the clouds, and it looks pretty neat… Credence Clearwater Revival greets me this morning with their song: I Put A Spell On You… 
OK, to start the day today, we have this from Bloomberg. com: “There’s plenty of relief evident in markets this morning as Senators seem to have all-but agreed a deal on

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Did Traders Get A Wink & Nod?

October 6, 2021

A Pfennig For Your Thoughts

October 6, 2021

* Currencies & metals get ambushed overnight… 
* Chuck shows off his math skills… 

Good Day… And a Wonderful Wednesday to you! A quiet night for yours truly last night, as a lot of nights recently have been late… I sat out on the deck that overlooks the beach and ocean, and had my Bose speaker turned up and sang out loud along with the songs being played… I can do that at this time of year, because there aren’t many people here, compared to the winter months! One Wild Card Game is done, with the Red Sox sending the Yankees home. Tonight it’s the Cardinals VS the Dodgers, which doesn’t start, Eastern Time, until after 8PM… I doubt I’ll be able to stay awake for the whole game. UGH! Simon and Garfunkel greet me this morning with their song:

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The Dollar’s Global Use Falls to 59.2%

October 5, 2021

A Pfennig For Your Thoughts

October 5, 2021

* Currencies & metals see small rallies on Monday… 
* The overnight markets buy dollars….  

Good Day… And a Tom Terrific Tuesday to you! Another beautiful day here in S. Florida, and the ocean returned to its normal colors yesterday, very beautiful! Things have gone very nicely this time around, down here… You may recall that my summer vacation down here, was interrupted by a health problem… But nothing like that this time around, and my time here has been very relaxing… Just what I needed! I’ll be back here for the winter months later this year, and until then I’ll have to hope that the weather back north, doesn’t turn super cold too soon! Had dinner last night at one of my fave places down here: The Brass Ring B&G… I’m greeted this morning

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Setting The Timer On The Debt Ceiling… Again…

October 4, 2021

A Pfennig For Your Thoughts

Roctober 4, 2021

* Currencies & metals rally late last week… 
* We end this week with the Jobs Jamboree! 

Good Day… And a Marvelous Monday to you! And Welcome to Rocktober! Well, the regular season ended yesterday, and I was rooting for a 4-way tie for the Wild Cards in the American League. But all the teams failed to cooperate, and the race didn’t end in a 4-way tie… My beloved Cardinals will travel to L.A. to play the Dodgers in a one game winner moves on, game on Wednesday… It was a beautiful weekend here in S. Florida, this past weekend, and I was outside as much as possible… I can’t even begin to say how embarrassed I was for my beloved Missouri Tigers on Sasturday… Their defense couldn’t have stopped a High School offense! This is NOT the Missouri

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Will The Dollar Buying Ever End?

September 30, 2021

A Pfennig For Your Thoughts

September 29, 2021

* currencies & metals get sold on Wednesday… 
* Today is a BIG DAY, with a vote in Congress & the fiscal year end… 

Good Day… And a Tub Thumpin’ Thursday to one and all! It’s the end of the week for me, and the end of the month, and the end of the fiscal year for the U.S. There are many things going on that could occur tomorrow, folks… But I doubt that will happen.. I’m talking about a default for the U.S. And I doubt that this is the time that this will happen, but… There’s always a chance… My beloved Cardinals’ 17 game win streak came to and end last night… Oh well… who’d thunk that this team that had a difficult time hitting its way out of a wet paper bag, would put together a 17-game win streak? I sure didn’t! But the fans are still

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The Dollar Buying Continues…

September 29, 2021

A Pfennig For Your Thoughts
September 29, 2021
* Currencies, metals, bonds, bitcoin all get sold on Tuesday* Fitch improves Russia’s economic outlook! 
Good Day… And a Wonderful Wednesday to you! Well, my beloved Cardinals won their 17th consecutive game last night… And clinched a spot in the playoffs, albeit a one-game winner moves on playoff game… But, they’re in… and if you get in, there’s always a chance, and right now, my beloved Cardinals are playing the best baseball I’ve seen in all my years… I was up very late last night, as I’m on the East Coast, and that means the game didn’t end until around 11 pm, and then silly me, I stayed up to watch the celebration… So… Im draggin’ the line a bit this morning! Edwin Starr greets me this morning with his song: Twenty Five Miles… “Twenty

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Currencies & Metals Get Ambushed Overnight!

September 28, 2021

A Pfennig For Your Thoughts

September 28, 2021

* Two Cartel Heads resign over trading activity
* China bans trading in cryptocurrencies… 

Good Day… And a Tom Terrific Tuesday to you… I apologize for the tardiness of yesterday’s Pfennig… The service that we use to distribute the letter, wanted additional verification that I was who I said I was… And that had to go through a level of verification that I was not able to provide… Hopefully today’s letter is not held up at the border once again. Well, my beloved Cardinals didn’t play yesterday, so they begin the last 6 games of the season at home… Just keep winning, is all I can say to them! It was a beautiful day here yesterday, and I sat outside reading for most of the afternoon, absorbing as much Vitamin D as I could. And once again

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The Norges Bank Is The First To Hike Rates!

September 27, 2021

A Pfennig For Your Thoughts

September 27, 2021

* The FOMC Meeting brought out the “long knives”
* Gold & Silver see yet another engineered takedown… 

Good Day… And a Marvelous Monday to you! 16! in the words of Jackie Gleason, How Sweet It Is! Yesterday, my beloved Cardinals won their 16th game in row! 3 weeks ago, I would have thought they were ready to put their golf clubs in the trunk of their respective cars and drive off, after not making the playoffs… Skip ahead 3 weeks to now, and they have turned this season into something very exciting down the stretch.. There’s only 6 games left in the season, and they have a 6 game lead on the nearest team to challenge their playoff run… I won’t say it would be impossible for the Cardinals to not make the playoffs, because this is baseball,

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It’s A FOMC Day!

September 22, 2021

A Pfennig For Your Thoughts
September 22, 2021
* Currencies give back some gains on Tuesday…* The House kicks the can down the road once again… 
Good Day… And a Wonder Dog Wednesday to you! Well my weather app was correct, the cold front did come through on Monday night, and I have to say that I’m just not ready for colder weather… I’m good with chilly weather, but not during the day light hours. I don’t like having to put on sweatshirts, or sweaters just to go outside in September! I dropped my iPad on the patio the other night, and cracked the screen… I thought at first I could figure out how to fix it, but then discretion became the better part of valor, and I took it to get fixed. I got it back last night, and it’s just like new! Want another sign that colder weather is coming? Our

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Janet Yellen Becomes A Drama Queen…

September 21, 2021

A Pfennig For Your Thoughts

September 21, 2021

* Currencies & Gold rally on Monday… 
* The overnight markets see more dollar selling… 

Good Day… And a Tom Terrific Tuesday to you! Another beautiful day here on Monday, but from what the weather app tells me, a cold front is on the way, and on Wednesday the high will be 70 degrees… Well, did you get a glimpse of the Harvest Moon last night? I don’t know why I’ve become so interested in full moons, but I guess it had to do with when we bought our beach place, and watching the full moons, especially the super moons, rise out of the ocean is a real treat! Mike Shannon is a true St. Louis celebrity… He was recruited to play QB at Mizzou, but the Cardinals offered him a bonus and he signed, then played for the Cardinals back in the 60’s.

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What Did You Spend That $600 On?

September 20, 2021

A Pfennig For Your Thoughts
September 20, 2021
* Currencies & metals get sold down the river last week* What are the Cartel Heads doing with stocks? 
Good day… And a Marvelous Monday to you! My beloved Cardinals are on a roll to say the least! They have won 8 games in a row, and are looking like a completely different team than the one they made us all suffer through for 140 games… They travel now to Milwaukee, where the Brewers have already qualified for the playoffs… Cardinals gotta keep on winning! Well, it was a real Chamber of Commerce weekend, weather wise that we just went through here in the Midwest… If the weather stayed like that too long, it would cost us a fortune to live here! The Beatles greet me this morning with their song: The Long And Winding Road… 
That’s what I feel

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