Tag Archives: Plunge Protection Team

72 Hour Call for June 10, 2011

Today’s Call:  Dow Jones Industrial Average to rise.  Currently 11,952.

Rationale:  Assumption that the plunge protection team will move over the weekend to prop up the Dow, a widely watched stock market indicator.

Result of Call for June 7, 2011:  NY Crude Future Oil to rise.  Was $98.42, Currently $99.29.  Good Call. 

Calls to Date:  Good Calls: 28, Bad Calls: 19, Batting .596

Key Indicators for Friday, June 10, 2011

Copper Price per Lb: $4.02
Oil Price per Barrel:  $99.29

Corn Price per Bushel:  $7.87
10 Yr US Treasury Bond:  2.97%

Gold Price Per Ounce:  $1,532

MINT Perceived Target Rate*:  2.25%
Unemployment Rate:  9.1%
Inflation Rate (CPI):  0.4%
Dow Jones Industrial Average:  11,952
M1 Monetary Base:  $2,022,700,000,000 RED ALERT!!!
M2 Monetary Base:  $9,005,800,000,000 STARTING TO DRY UP?  NOT!

 *See FED Perceived Economic Effect Rate Chart at bottom of blog.  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.

72 Hour Call for May 11, 2011

Today’s Call: Dow Jones Industrial Average to Rise. Currently 12,630.

Rationale – Selloff in stocks today will cause plunge protection team to intervene.

Result of Call for May 6, 2011: USD to rise vs. Euro. Was 0.6981. Currently .7044. Good Call

Calls to Date: Good Calls: 15, Bad Calls: 11, Batting .577