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Tag Archives: price manipulation

50 Million Barrels Of Oil Released From The Strategic Reserve…

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...

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Weak Data Causes Dollar Selling…

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...

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The Dollar Buying Continues…

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...

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Short Sellers Achieve Their Goals….

A Pfennig For Your Thoughts January 14, 2021 * Gold & Silver get sold once again on Wednesday* A Big day of economic data tomorrow, will the markets care? Good Day… And a Tub Thumpin’ Thursday to you! The sun did make a short time appearance yesterday, as clouds owned most of the skiy for most of the day. It’s important to the Florida Chamber of Commerce that the sun made an appearance (for about an hour). That way the Chamber gets to count it as a day with sunshine. They love to call...

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Where’s The Independence?

A Pfennig For Your Thoughts November 25, 2020 * Gold & Siler get whacked badly on Mon & Tues* Turkey for me, Turkey for you…  Good Day… and a Wonderful Wednesday to you! I’ve decided to go back and forth with the other Wednesday greeting, so for this week, its this one! Well, my visit to the hospital yesterday early morning was fine… The doctor called me yesterday afternoon, to tell me that there was no NEW cancer found… I thank the Good Lord for looking over me!  Things sure are...

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Do We Really Need The CFTC?

A Pfennig For Your Thoughts Rocktober 5, 2020 * Back & forth, up then down trading continues * Oil slides downward again…  Good Day… And a Marvelous Monday to you! Well, it was a bad weekend, sports wise, for me this past weekend, as both my beloved teams lost… My Cardinals forgot how to hit a baseball again on Friday night, and they were ushered out of the playoffs, after such a promising Game 1 victory… UGH! And then on Saturday, my Missouri Tigers forgot how to play defense in...

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2 More Felony Counts For Price Manipulation For JPMorgan…

A Pfennig For Your Thoughts September 30, 2020 * Currencies & metals give back gains overnight… * Chuck asks, why do people keep getting more stupid?  Good Day… And a Wonderful Wednesday to you! Well, did you watch the debate last night? I didn’t because after cooking for 2 hours, yesterday, for some reason, I just didn’t have anything left in the tank. So I sat down, played some music and forgot about the debate… I’m sure I know who “won” the debate, without looking… But I’ll be...

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Good Riddance, 2nd QTR!

A Pfennig For Your Thoughts July 1, 2020 * Currencies rally in daylight, get sold overnight * Gold trades to $1,804 before the boys in the band show up…  Good Day… And a Wonderful Wednesday to you! and welcome to July… Pfennig tradition calls for this… There I was on a July morning, looking for love, with the strength of a new day dawning, and a beautiful sun… Those lyrics come curtesy of Uriah Heap, the band, not the Dickens character! Another day of rain and clouds yesterday, and this...

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A Trade War “Tentative Agreement”!

A Pfennig For Your Thoughts Rocktober 14, 2019 * Currencies fight back to gain VS the dollar… * Gold takes a spin on Mr. Toad’s Wild Ride… Good day… And a Marvelous Monday to you! Today is a holiday for a lot of the U.S. as we celebrate Columbus’s discovery of the West Indies… (SIC) So, this will be shorter than usual, since normally, I would be off work today! What an absolutely, fantabulous, weekend, weather wise here where I live! The sky was cloudless, blue umbrella skies, the sun was...

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