Today’s Call: NO CALL, taking a break as we revert to the mean.
Rationale: As you can see, our calls are reverting to the mean. It has occurred to us that many of our bad calls end up panning out after the 72 hour time period. We are going to start a new service based on our findings during this experiment which will give position entry and exit recommendations. Thank you for watching this space and stay tuned!
Result of Call for June 27, 2011: Spain 5yr Credit Default Swap to rise. Was 315.20, Currently 269.70. Bad Call.
Calls to Date: Good Calls: 32, Bad Calls: 29, Batting .525
Key Indicators for Thursday, June 30, 2011
Copper Price per Lb: $4.26
Oil Price per Barrel: $94.98 A FAILURE TO INFLATE, WILL TREND LOWER
Corn Price per Bushel: $6.29 MONETARY POLICY IS NOT WORKING
10 Yr US Treasury Bond: 3.16% WITH THE FED OUT, THE SKY’S THE LIMIT
FED Target Rate: 0.07% JAPAN HERE WE COME!
Gold Price Per Ounce: $1,500 BENEFITING FROM PERMANENT UNCERTAINTY
MINT Perceived Target Rate*: 2.25%
Unemployment Rate: 9.1%
Inflation Rate (CPI): 0.2%
Dow Jones Industrial Average: 12,414 WINDOW DRESSING FOR 401K PORTFOLIOS
M1 Monetary Base: $1,954,300,000,000 RED ALERT!!!
M2 Monetary Base: $9,098,400,000,000 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.