Signs of life at the Harlow Block – The Bat

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These days a stroll by the Harlow Block at the corner of NW Glisan and 8th is like turning the pages of a scary childrens book.

Painted wooden forms grace the
plywood canvas that too long has defined the facade of this overlooked gem in the Pearl.

The first page features a bat which lets the reader know that this unique display of urban art will follow a nocturnal theme.

72 Hour Call for June 28, 2011

Today’s Call:  September Wheat to rise.  Currently $6.71-6.

Rationale:  Kansas Wheat was reported as 55% cut today and reports that the harvest is 100 million bushels lower than last year will weigh on prices as word spreads.

Result of Call for June 23, 2011:  Nymex Crude Oil to rise.  Was $91.92, Currently $92.92.  Good Call.

Calls to Date:  Good Calls: 32, Bad Calls: 27, Batting .543

Daily Default:  TerreStar Networks, Nebraska Book

Key Indicators for Tuesday, June 28, 2011

Copper Price per Lb: $4.11
Oil Price per Barrel:  $92.92 A FAILURE TO INFLATE, WILL TREND LOWER

Corn Price per Bushel:  $6.83   MONETARY POLICY IS NOT WORKING
10 Yr US Treasury Bond:  3.05%
FED Target Rate:  0.08%  UH OH!

Gold Price Per Ounce:  $1,501 BENEFITING FROM PERMANENT UNCERTAINTY

MINT Perceived Target Rate*:  2.25%
Unemployment Rate:  9.1%
Inflation Rate (CPI):  0.2%
Dow Jones Industrial Average:  12,189
M1 Monetary Base:  $1,895,400,000,000 RED ALERT!!!
M2 Monetary Base:  $9,086,900,000,000 YIKES!!!

*See the MINT Perceived target Rate Chart.  This rate is the FED Target rate with a 39 month lag, representing the time it takes for the FED Target rate changes to affect the real economy.  This is a 39 months head start that the FED member banks have on the rest of us on using the new money that is created.