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Tag Archives: daily pfennig

China To Ban Cryptos?

A Pfennig For Your Thoughts May 19, 2021 * Currencies & metals drift on Tuesday * And start today in the red…  Good Day… And a Wonderful Wednesday to you…. This is the last Pfennig of this week, as tomorrow, bright and early I have to report to the hospital for a new set of scans… Cardinals got back on the winning side last night… I have one question for Cardinals fans… What would we be doing without Nolan Arenado this year? This guy is fun to watch play baseball folks… there’s...

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Gold Trades Above Its 200-Day Moving Avg.

A Pfennig For Your Thoughts May 18, 2021 *currencies and metals have strong rallied on Monday * When will they ever learn?  Good Day…. And a Tom Terrific Tuesday to you! Well… another day, and another day with the pain in my stomach waning… I must have really done major damage inside me because the discoloration, and swelling doesn’t seem to want to go away, just yet…  Last night, the Butlers met Grace’s dad. A couple of weeks ago, we met her mom, but her dad, had not arrived from Dubai...

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So-Called Transitory Inflation Soars!

A Pfennig For Your Thoughts May 13, 2021 * Currencies & metals get sold in a move to protect the dollar* Markets believe that the Fed will hike rates to combat inflation?  Good Day… And a Tub Thumpin’ Thursday to one and all! Well, besides the pain in my stomach from the pulled muscle, I do believe I’m through with the cold… A strange reaction to the inflation data has me really full of you know what and vinegar this morning! My beloved Cardinals couldn’t find their bats last night and...

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Dollar Reserves Held By Central Banks Fall To 59%…

A Pfennig For Your Thoughts May 12, 2021 * Currencies drifted on Tuesday… * Gold fights back on Tuesday to erase an intraday loss!  Good Day… And a Wonderful Wednesday to you… As the group Chicago sang many years ago, I’m feeling stronger every day…. The pain in my stomach from the pulled muscle, is not as sharp of a pain, but still painful… I’ve got a ton of stuff to talk about today, so the markets will be playing second fiddle to all my thoughts today… That sure was a nice win for our...

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Back From The Living Dead…

A Pfennig For Your Thoughts May 11, 2021 * Currencies can’t hold their gains from Friday, on Monday..* Gold & Silver with steady under the radar increases…  Good Day… And a Tom Terrific Tuesday to you! Well, yesterday, I told you that rest and sleep were my best bets to healing, and so I basically slept all day… I didn’t wake up until 5:00 pm in the evening! My cold seems to be waning, for it’s been 8 days and I usually have a cold last 10-14 days… But this pulled muscle in my stomach is...

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April Jobs Print Only 266,000

A Pfennig For Your Thoughts May 10, 2021 Good day…. And a Marvelous Monday to you… This will be the shortest Pfennig on record, as I almost didn’t answer the bell this morning… My cold took a turn for the worse, and I pulled a muscle in my stomach during one of my coughing spells… I can’t breathe without major pain right now… So, sleep and rest is my best bet to healing, and so, with that I’ll talk about the jobs number on Friday, and how it really sent the currencies and metals higher on...

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Yellen Sees No Inflation Problem…

A Pfennig For Your Thoughts May 6, 2021 * Currencies & metals rally in the overnight markets* Sam Zell finally bellies up to the Gold window…  Good Day… And a Tub Thumpin’ Thursday to one and all! Well… This is going to be a short one today folks, I’m beat, draggin’ the line, and feeling like death warmed over… I won’t opine too much because there was nothing going on yesterday in the currencies… And besides, I just don’t feel like putting my mind to work this morning… I’m sure I’ll be...

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Currencies Rally On Unknowns…

A Pfennig For Your Thoughts April 29, 2021 * Powell leaves traders nothing concrete to trade on* The price of Oil jumps higher!  Good Day… And a Tub Thumpin’ Thursday to you! I really feel like going out and doing some Tub Thumpin’ myself today… But I have a cable guy coming this afternoon, so there goes that idea out the window! Maybe tomorrow, when the sky clears, the rain stops, and the sun comes back out, it would be a better day to do some Tub Thumpin’! Two years ago, I dumped the cable...

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Once Again It’s A FOMC Day!

A Pfennig For Your Thoughts April 28, 2021 * currencies see some slippage overnight * Gold & Silver begin the day down…  Good Day… And a Wonderful Wednesday to you! Another beautiful day here, that will begin to be disrupted this morning, and rain and cooler temps will arrive, and stay until tomorrow afternoon… YUCK! April weather remains a crapshoot in my opinion… I ran across a cartoon yesterday that I read every day… Pearls before Swine… And in it Rat is writing, and Goat asks him...

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Traders Hide Under A Shell Ahead Of The FOMC

A Pfennig For Your Thoughts April 27, 2021 * Currencies & metals gain small amounts on Monday* Palladium reaches $3,000!  Good Day… And a Tom Terrific Tuesday to you! 85 degrees in Florida is not the same as 85 degrees in Missouri… I know it took me quite a few years to figure that one out, but I did, and yesterday was a prime example of that… My Accuweather app told me it was 85, but, I was tempted to go inside and grab a sweatshirt! In another month, once the earth turns on its axis,...

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