In Case You Missed It

141
Wed, Feb 1, 2012 - 8:39pm

Lots of interesting stuff going on today. Our precious metals rallied and the open interest numbers continue to contract. However, the biggest story of the day flew under the radar.

You've probably heard it said that "gold performs best in an environment of negative real interest rates". You've probably then asked yourself: "Self, what the heck does that mean?". Well Turd The Answer Man is here to help.

Everyone knows what an interest rate is but what is a real interest rate? Simply put, it is your stated interest or coupon rate minus the rate of inflation. In a simple calculation, it looks like this:

5% (interest rate) - 3% (inflation rate) = 2% real interest rate

and

3% (interest rate) - 5% (inflation rate) = -2% real interest rate

The real rate should always be the investors primary focus. What good is a 10% bond if inflation is 20%? The only thing you're guaranteeing yourself is a 10% annual loss of purchasing power. That dog won't hunt.

Not coincidentally, managing real rates is the primary reason why the Fed manipulates the gold market through the bullion banks. Soaring gold would be a sure sign of present or future inflation. Expectations of significant inflation lessens investor demand for fixed interest rate securities like treasury bonds. Less demand equals lower prices. Lower prices equal higher rates and higher rates bring down The Great Ponzi. Similarly, managing real rates is also the reason why the Consumer Price Index is constantly being reworked to indicate a lower rate of inflation.

In understanding all of this, now ask yourself: "What is it that all of the AGAs always say is the primary drawback to owning gold?". Is it because it's a barbarous relic? Is it because it costs so much to deliver and safely store? Well, yes, the AGAs do point to these two arguments. However, the main argument that you always seem to hear the most is: GOLD DOESN'T PAY ANY INTEREST. Sure, the price of gold might keep up with inflation but, since it doesn't pay interest or a dividend, the gold holder is only securing for themselves a rate of return that might approximate the rate of inflation. Stated another way...gold investors only receive a 0% real interest rate.

So, there's your answer. From the traditionalist's point of view, gold suddenly has real value in an environment of negative real interest rates. Why? Because 0% is always better than -2% or -5%. It's as simple as that.

Now, lets' get back to the story today that might have evaded your attention:

https://www.zerohedge.com/news/supercommittee-runs-america-urges-end-zero-bound-demands-issuance-negative-yield-bonds

In summary, something called the Treasury Borrowing Advisory Committee (think of it as the primary Primary Dealers) is advising the Treasury Department to begin "allowing for negative yield auction results as soon as practically possible". In English this means: Build a platform whereby treasuries can be sold with a guaranteed negative rate of return. You give the U.S. government $1010 and they'll return to you $1000 at maturity, thank you very much. What a sweet deal! The U.S. government charges the investor 1% for the privilege of holding their money. (I guess we should just be thankful that this facility will be voluntary...for now.)

At any rate, let's go back and do some more real interest rate calculations. Shall we?

-1% (interest rate) - 3% (CPI inflation rate) = -4% real interest rate

and

-1% (interest rate) - 8% (ShadowStats inflation rate) = -9% real interest rate

So here's the point: As we move into an environment where we are institutionalizing extremely low and even negative interest rates, we are creating a permanent state of negative real rates. And, as the pundits say, "gold performs best in an environment of negative real interest rates".

So, buy the dips! The secular bull market in precious metals continues and will continue indefinitely.

Rock on, Wayne! Party on, Garth!

Waynes World-Bohemian Rhapsody

TF

About the Author

Founder
turd [at] tfmetalsreport [dot] com ()

  141 Comments

  Refresh
ScottJ
Feb 3, 2012 - 1:51am

Forget QEIII, Fed's Next Move to Expand US Bank Credit?

Read the full story here:

https://financeandeconomics.org/Articles%20archive/2011.08.17%20Bank%20Credit%20Repo.htm

The upcoming expansion of US bank credit

Since the FOMC meeting, there has been a noticeable silence over the Fed’s monetary policy following QE2. But there is some evidence that the funding of government debt at low interest rates will shift to the repo market, rather than a new round of quantitative easing.

The silence on this subject may be partly explained by the monetary focus shifting to Europe. However, it is likely that the Fed has no intention of introducing QE3, given that the expansion of narrow money so far has led only to a degree of price inflation, without much benefit to asset prices. And with the ECB still reluctant to print euros, QE3 would probably collapse the dollar/euro rate and propel gold considerably higher, putting unwelcome strains on the financial system. The Fed also finds itself having dramatically expanded the monetary base for little economic benefit: against all its expectations, the economy is sliding into recession again. Perhaps it is a case of all the people being no longer fooled all of the time with respect to what QE actually is. No, another approach is called for.

To the Keynesian mind the obvious alternative must be to expand bank credit, particularly when there is an accumulation of non-borrowed reserves sitting on the Fed’s balance sheet. The NBRs represent the excess capital owned by the commercial banks, which have not been drawn down for use as the capital base for the expansion of bank credit. They currently stand at about $1.76 trillion while in normal circumstances NBRs would be no more than a few tens of billions. High levels of NBRs reflect the reluctance of banks to lend and bankable borrowers to borrow: they are symptomatic of an economy that refuses to expand.

It is against this background that Ben Bernanke announced at the recent post-FOMC meeting press conference that interest rates would be held at current levels (close to zero) for the next two years. This could be the basis for shifting the funding of government debt from printing raw money to expanding bank credit. The public do not understand the inflationary implications of expanding bank credit as easily as they do that of printing money: switching to bank credit as a funding route for government debt allows the Fed to fool all of us a while longer.

Continued here:

https://financeandeconomics.org/Articles%20archive/2011.08.17%20Bank%20Credit%20Repo.htm

Moderator Jane
Feb 2, 2012 - 10:09pm

Blog backup site - Turd's latest post on Blogspot

Folks, Turd has posted his latest update on the old blog page while the site is getting hit:

https://tfmetalsreport.blogspot.com/2012/02/chart-update.html

The main reason people do these types of attacks is to try to hurt the revenue of the website - this is a good time to "Feed the Turd" even if it's a $1 donation...let the attackers know they lose each time they engage in this sort of behavior.

Be Prepared
Feb 2, 2012 - 9:28pm

Breaking the UK Bank.....

Breaking the Bank (in gilts)

Posted by Joseph Cotterill on Feb 02 16:38.

This’ll be a controversial argument about the Bank of England’s buying of UK government debt, we know… but it comes from Philip Rush of Nomura:

Aggressive quantitative easing brings [gilt] market capacity constraints into play. A renewed intensification of the sovereign debt crisis could cause this should one of QE’s reverse auctions fail. Tweaking maturity buckets or adding linkers could cure the constraints…

There are few events that could be more immediately damaging to the Bank’s credibility than a failed reverse auction, in our view. It would reveal the inappropriateness of the MPC’s chosen policy. If it cannot buy what it needs to, then surely the MPC cannot believe that it is buying enough. Expectations would naturally adjust in favour of weaker growth and inflation. If imbedded in wage settlements, the latter could prove self fulfilling and contrary to the MPC’s inflation target. As such, we think the MPC is likely to err toward preventing this risk crystallising, despite it being only a remote possibility. Indeed, in our view, the greater risk is that effective inflation expectations remain at levels above the inflation target.

Rush is not talking about the Bank of England suddenly being unable to expand its balance sheet, we should emphasise. Nor is Rush making too much of a fuss about the stock of outstanding UK government bonds — £905bn — becoming too low for the Bank to both buy up and safely maintain its rule not to hold over 70 per cent of a particular gilt issue. It could fairly easily increase its purchases of longer gilt maturities (10-25-year bonds), Nomura says. In fact the Bank did this before in mid-2009 when it expanded QE1 by £50bn.

Nope, Rush is talking about the flow of gilt supply and demand, expressed in the willingness of market participants to sell the Bank their gilts in reverse auctions.

In essence, it’s a simple argument about tail risk and correlation, the tail risk here being another lurch of the eurozone towards break-up. The Bank would probably expand QE at this point to protect the UK economy, Rush says… but at the exact same time private demand for gilts qua non-euro, safe haven assets, could surge unpredictably and reduce the free float. Coming to a head at a reverse auction of gilts, potential sellers may not offer their prized capital and lead to an auction fail. This isn’t the same as gilt investors offering prices that are too high for the Bank to accept- this has already happened without market ructions – but worse, auctions simply not being covered. (Chart above via Nomura — click to enlarge)

Basically, it’s government bonds as Giffen goods in another form. But you can see why it might be controversial. Rush also stresses that it’s a black swan scenario. Foreign investors sold out of gilts to the tune of more than £10bn last month, while the most recent reverse auction on February 1 had a pretty healthy bid cover ratio of 2.72 for example. There is evidence though (full version in Nomura’s note, which we’ve put in the usual place ) that there’s a ‘non-linear’ relationship between the free float of a gilt going down and diminishing interest in selling it to the Bank.

Anyway, this is Rush’s conclusion:

As a first port of call, we would expect the Bank to announce that it was broadening the range of QE2 to include inflation-linked gilts. Like conventional gilts, linkers form a large and liquid market. This means large-scale buying can be absorbed with relatively limited market distortions. Moreover, by buying liabilities of the central government, the Bank can continue to deflect arguments that it is redistributing resources without the mandate of the electorate…

But the problem is, index-linked gilts are relatively buy-and-hold as well, not for credit risk reasons really, so much as pension funds’ regulatory incentive to hold assets matched to their liabilities. In fact, it’s not been unusual for UK linker’s real yields to go negative recently — the DMO also sold another linker with a negative real yield only on Thursday. <Rest of the Article>

Be Prepared
Feb 2, 2012 - 7:57pm

Withdrawal Syptoms

Must log on..... must post PM stuff...... where's my TFMetals Fix? :-)

donnojackshit
Feb 2, 2012 - 7:50pm

Trouble with site?

Very slow. Won't load. Anyone else? Test.

CrazyCootervonburpenstein
Feb 2, 2012 - 5:52pm

RE: What a waste of time and I need help...

If you got one shot, I would suggest the full length "Money as Debt" video on YouTube.

The reason? Simple. Once you know how the sham of fractional reserve/fiat money works, everything else falls into place.

Teach the guy to fish.

Regards,

Cooter

¤
Feb 2, 2012 - 10:09am

margaritaville

Wow...nice to see you back on board for a bit.

I hope life has been treating you well See you around more often as we go forward hopefully.

Moosebustersakridge
Feb 2, 2012 - 9:28am

Contest Averages

Try these, hope they work.If not download "H's" link and select file,download as, excel.

Sorted by Gold Price
Order Posted Handle Gold Close Handle Silver Close
117 Joye $837.56 Joye $16.34
130 Homer-J-Fong $1,442.00 Homer-J-Fong $25.17
168 Tecumseh $1,442.50 Tecumseh $25.20
121 geminiRX $1,525.00 geminiRX $28.50
14 badScooter $1,550.00 badScooter $25.00
13 schmederling $1,558.00 schmederling $29.90
53 TransmissionRebuilder $1,566.40 TransmissionRebuilder $27.86
62 dnlward $1,580.00 dnlward $37.40
81 Beez $1,586.21 Beez $28.03
278 Voodoo Ecomomics $1,617.00 Voodoo Ecomomics $30.15
289 jacey $1,628.30 jacey $38.09
271 Daedalus Mugged $1,630.00 Daedalus Mugged $29.75
170 Jimbio $1,636.00 Jimbio $29.90
267 SilverFocker $1,649.32 SilverFocker $28.65
25 Denver $1,653.00 Denver $29.00
127 criscrossing $1,655.00 criscrossing $29.30
75 Sndman79 $1,657.70 Sndman79 $27.30
24 cwpcallie $1,666.00 cwpcallie $28.88
109 KC $1,666.00 KC $31.88
20 PuraVida $1,666.66 PuraVida $31.33
309 undergroundpizza $1,674.00 undergroundpizza $31.68
335 norby $1,680.00 norby $41.08
148 Stratajema $1,681.51 Stratajema $26.10
101 El Gordo $1,685.00 El Gordo $32.80
179 silverstool $1,687.00 silverstool $32.50
276 RickyBobby $1,687.87 RickyBobby $31.56
307 Dimeboy $1,688.00 Dimeboy $29.60
321 Be Prepared $1,689.58 Be Prepared $31.89
132 grvdigga $1,690.00 grvdigga $29.80
56 Dr Durden $1,693.00 Dr Durden $33.75
225 polopony $1,693.17 polopony $29.16
107 odyssey $1,698.00 odyssey $31.80
59 Boswell $1,699.00 Boswell $30.00
217 Urban Roman $1,699.00 Urban Roman $31.02
265 securi_D $1,704.20 securi_D $31.60
273 azzatack $1,705.00 azzatack $35.50
72 cwpcallie $1,705.38 cwpcallie $31.18
42 eyeswideopen $1,706.50 eyeswideopen $33.02
8 Pining 4 the Fjords $1,711.11 Pining 4 the Fjords $32.11
9 NW VIEW $1,714.01 NW VIEW $38.33
185 skulltoye $1,718.80 skulltoye $32.85
327 sixdollarsilver $1,720.00 sixdollarsilver $32.50
50 zman $1,727.00 zman $35.25
43 Rotwang $1,728.50 Rotwang $35.65
297 Cucamonga $1,733.14 Cucamonga $34.26
241 bikerspade $1,733.33 bikerspade $33.13
86 tmosley $1,738.00 tmosley $33.33
15 Hondo $1,739.00 Hondo $33.72
17 rpboxter $1,739.80 rpboxter $34.45
55 jonoso $1,741.25 jonoso $34.89
105 DaddyO $1,741.45 DaddyO $33.09
23 Stevenyo $1,743.52 Stevenyo $34.11
181 Lumpy $1,744.00 Lumpy $33.20
324 bemoosed $1,744.00 bemoosed $33.79
311 lakemike49 $1,746.60 lakemike49 $33.77
49 kingboo $1,748.00 kingboo $34.85
186 Marblesomac $1,748.48 Marblesomac $33.88
48 Chicagau $1,748.60 Chicagau $34.22
47 retireyoung $1,750.00 retireyoung $34.50
208 Dr G $1,750.00 Dr G $34.00
74 optimize $1,750.30 optimize $35.80
26 Big L $1,751.00 Big L $37.35
239 Nick Elway $1,752.00 Nick Elway $32.90
333 Ojibwemowin $1,752.50 Ojibwemowin $34.30
269 bbdgoco $1,757.00 bbdgoco $34.23
99 Vagabond $1,760.95 Vagabond $37.91
328 question $1,761.73 question $35.27
224 DarkStar $1,762.00 DarkStar $35.20
285 Rhinestone Cowboy $1,762.00 Rhinestone Cowboy $33.50
193 labestiol $1,762.37 labestiol $35.84
231 FleetFeet $1,763.10 FleetFeet $34.24
65 Captain Silver $1,764.00 Captain Silver $33.80
178 BostonMatrix $1,765.00 BostonMatrix $35.78
85 cpnscarlet $1,765.50 cpnscarlet $34.47
206 Gunrunner $1,765.50 Gunrunner $36.50
113 4king stacker $1,767.50 4king stacker $34.83
218 Pam $1,768.00 Pam $38.76
114 OrangeAlert $1,768.50 OrangeAlert $35.90
163 firefly $1,769.00 firefly $38.40
187 Dark Smith $1,770.00 Dark Smith $35.25
188 ranger7 $1,770.00 ranger7 $37.95
316 Kevin C $1,774.86 Kevin C $34.48
108 LONER $1,775.11 LONER $34.75
46 Hammer $1,776.00 Hammer $35.00
176 gs478 $1,776.00 gs478 $35.10
221 aucanary $1,776.00 aucanary $35.50
196 EBR Mod o $1,776.13 EBR Mod o $34.34
77 Rattling Bones $1,776.40 Rattling Bones $35.78
98 BASEBALL 13 $1,776.50 BASEBALL 13 $39.25
4 Boondock $1,777.00 Boondock $35.65
40 henateme $1,777.00 henateme $35.67
243 savo $1,777.00 savo $35.67
126 TruthPreeminent $1,777.24 TruthPreeminent $32.78
336 Terabyte $1,777.77 Terabyte $32.22
83 foggyroad $1,778.00 foggyroad $36.40
166 Blackshook $1,778.00 Blackshook $35.10
28 jrobb316 $1,778.35 jrobb316 $36.79
214 PaullyMoore $1,779.00 PaullyMoore $34.49
41 Gold Finger $1,780.00 Gold Finger $35.00
90 Xeno $1,782.10 Xeno $34.77
240 Arjen $1,783.00 Arjen $35.15
38 Vernon Wormer $1,784.45 Vernon Wormer $35.11
162 T $1,784.50 T $36.45
133 Apples $1,785.00 Apples $35.49
282 So It Goes $1,785.00 So It Goes $34.85
235 Chicken Little $1,785.20 Chicken Little $33.87
227 JayBKay $1,786.00 JayBKay $37.44
88 A31 $1,787.45 A31 $37.56
296 foxenburg $1,788.00 foxenburg $37.88
172 lcalama $1,789.00 lcalama $35.28
94 murphy $1,789.20 murphy $34.74
293 dgstage $1,789.66 dgstage $39.90
200 damijan $1,789.89 damijan $37.37
142 Buckets o Plenty $1,790.00 Buckets o Plenty $36.98
277 Swift Boat vet $1,791.00 Swift Boat vet $34.88
220 Shnozberries $1,792.00 Shnozberries $39.43
255 Defiler $1,792.00 Defiler $35.80
78 Eric Original $1,792.47 Eric Original $35.84
334 Wingy $1,792.80 Wingy $35.02
173 dsrcheetah $1,793.39 dsrcheetah $35.44
190 stubbornman $1,794.00 stubbornman $35.33
84 anolmec $1,794.75 anolmec $34.90
140 TheSilverOption $1,795.00 TheSilverOption $37.75
110 Swampfox $1,795.50 Swampfox $36.75
145 Virabhadra $1,795.70 Virabhadra $35.90
102 Art Lomax $1,796.29 Art Lomax $33.90
223 Thisho $1,796.52 Thisho $34.87
111 dmanson $1,797.00 dmanson $36.29
291 snick $1,797.00 snick $37.19
204 Big Z $1,797.48 Big Z $39.01
192 Colonel Angus $1,797.90 Colonel Angus $35.11
57 Maryann $1,798.00 Maryann $38.65
27 Gramp $1,799.00 Gramp $37.99
31 Two Gun Tobin $1,799.10 Two Gun Tobin $36.04
329 Heart's Yours $1,799.99 Heart's Yours $39.99
281 sakridge $1,800.88 sakridge $30.88
201 SuperLeggera $1,800.94 SuperLeggera $40.21
66 Astro_Phyz $1,801.00 Astro_Phyz $35.50
312 GoldMania3000 $1,801.33 GoldMania3000 $36.77
198 poshtiger $1,802.00 poshtiger $37.24
203 proformatrillionaire $1,802.25 proformatrillionaire $35.48
258 Gold Dog $1,802.56 Gold Dog $38.44
310 Carl $1,803.00 Carl $38.40
137 seraphis $1,803.10 seraphis $37.05
63 H Original $1,804.23 H Original $34.89
234 Doc1800 $1,804.50 Doc1800 $38.33
32 bvwalker1 $1,805.00 bvwalker1 $34.85
320 madcow $1,805.00 madcow $32.95
302 Mammoth $1,805.07 Mammoth $36.49
29 Dionysus $1,805.12 Dionysus $35.20
124 donnjackshit $1,806.06 donnjackshit $36.66
228 Candygram $1,808.24 Candygram $38.70
73 alphamorph $1,809.00 alphamorph $35.70
230 Buzz Wired $1,809.00 Buzz Wired $37.84
294 Cynicus $1,809.00 Cynicus $39.06
96 SilverRunNW $1,809.86 SilverRunNW $37.32
160 adrock $1,810.20 adrock $35.42
103 Sheeple-49 $1,810.41 Sheeple-49 $35.90
183 uki $1,810.55 uki $36.95
262 mirvin $1,810.95 mirvin $37.85
325 atlee $1,811.00 atlee $35.36
274 beach_bum $1,811.05 beach_bum $36.76
237 silver bullett $1,811.23 silver bullett $37.56
171 RaRaRasputin $1,812.00 RaRaRasputin $49.43
182 dudestacker $1,812.00 dudestacker $35.53
236 Moosebuster $1,812.00 Moosebuster $39.20
116 ClinkinKY $1,812.12 ClinkinKY $36.79
306 kemp $1,812.12 kemp $34.76
21 firstsilver $1,812.19 firstsilver $36.02
314 olivethedog $1,812.50 olivethedog $41.40
210 ferretflat $1,812.55 ferretflat $36.14
331 Maximillion $1,813.60 Maximillion $36.47
157 delric $1,814.00 delric $35.84
338 OutLookingIn $1,814.70 OutLookingIn $39.29
268 Chi-Town Deadhead $1,814.93 Chi-Town Deadhead $36.65
106 Michael $1,815.50 Michael $38.75
52 Maradona $1,816.00 Maradona $39.47
322 ag4me $1,817.17 ag4me $37.17
16 Grey Mare $1,818.00 Grey Mare $36.36
64 slacker $1,818.18 slacker $36.36
69 waxybilldupp $1,818.20 waxybilldupp $35.45
155 mark7996 $1,819.60 mark7996 $36.91
3 DrkPurpleHaze $1,820.00 DrkPurpleHaze $34.80
149 chinaaussiedoll $1,820.19 chinaaussiedoll $37.85
264 sevin $1,820.30 sevin $36.42
67 GrampAG $1,821.12 GrampAG $37.67
34 taylor747g $1,821.50 taylor747g $40.21
284 Sgt Schultz $1,821.66 Sgt Schultz $39.99
97 Green Lantern $1,822.00 Green Lantern $41.50
259 PM Stackin' Fool $1,822.00 PM Stackin' Fool $35.47
123 San Diego Gold BUg $1,822.04 San Diego Gold BUg $39.49
211 momac $1,822.23 momac $37.06
10 Charles S. Hamlin $1,823.00 Charles S. Hamlin $35.80
202 Capt. Willard $1,823.00 Capt. Willard $36.52
303 71185208 $1,823.10 71185208 $39.10
128 HKS $1,823.60 HKS $36.72
54 Cerote $1,825.00 Cerote $41.00
266 1ShotAK $1,826.75 1ShotAK $38.43
76 RaulP $1,827.00 RaulP $36.50
232 OC15 $1,827.27 OC15 $38.38
191 paulindoon $1,827.39 paulindoon $38.41
129 Ircsum $1,829.00 Ircsum $37.60
136 goldenbear $1,829.00 goldenbear $39.79
313 bucktooth $1,829.13 bucktooth $37.39
298 MisesFan $1,830.15 MisesFan $37.54
144 XenoFrog $1,831.00 XenoFrog $38.21
152 rz $1,832.22 rz $32.31
33 highway $1,832.45 highway $39.36
213 silver2500 $1,832.99 silver2500 $38.82
112 CarolD $1,833.00 CarolD $38.33
233 batting500 $1,833.25 batting500 $38.39
292 punchbowl $1,833.33 punchbowl $36.66
330 Blue Sky $1,834.00 Blue Sky $36.68
304 GM Jenkins $1,834.44 GM Jenkins $37.47
323 jnorton $1,834.45 jnorton $37.29
125 artaud23 $1,834.95 artaud23 $37.89
290 sonofagun $1,835.41 sonofagun $42.36
180 Orange $1,835.60 Orange $38.88
134 2turdledoves $1,836.00 2turdledoves $39.16
159 AlienEyes $1,837.50 AlienEyes $37.79
45 dannyhaha $1,838.42 dannyhaha $39.22
337 virtual $1,839.15 virtual $39.44
263 Yooper Rick $1,839.39 Yooper Rick $39.59
6 mack $1,841.00 mack $40.54
119 California Lawyer $1,841.19 California Lawyer $37.19
257 Deaglán $1,842.00 Deaglán $36.84
70 Dr Jerome $1,842.09 Dr Jerome $39.85
118 Mariposa de Oro $1,842.55 Mariposa de Oro $38.56
161 Audrey $1,843.01 Audrey $34.75
139 Lumandi $1,843.10 Lumandi $38.65
44 Ratzalot $1,844.00 Ratzalot $36.72
60 Laurens1778 $1,844.10 Laurens1778 $36.29
164 jaw777 $1,844.14 jaw777 $39.38
299 EschatonMaster $1,844.40 EschatonMaster $36.48
319 RhialtoJr $1,844.54 RhialtoJr $35.77
287 LOUP-GAROU $1,844.75 LOUP-GAROU $37.50
51 Lightning $1,845.00 Lightning $36.17
177 silverhoarder $1,845.00 silverhoarder $39.80
91 NZ SilverSurfer $1,846.35 NZ SilverSurfer $37.48
194 Hold over $1,847.00 Hold over $37.58
226 junoroland $1,847.00 junoroland $36.50
280 Bsong $1,847.23 Bsong $37.23
215 FR.Bill $1,847.47 FR.Bill $37.47
197 Teach $1,848.32 Teach $44.10
272 MainMan $1,849.00 MainMan $48.50
5 MonkeySmoke $1,849.32 MonkeySmoke $36.58
138 Stardust $1,850.00 Stardust $38.70
260 kuchek $1,850.00 kuchek $38.00
295 dolphindude $1,851.25 dolphindude $39.41
142 Transformer $1,853.00 Transformer $41.27
270 PATMEY $1,855.50 PATMEY $39.55
169 Puneet $1,856.79 Puneet $36.89
18 Roberto $1,857.00 Roberto $39.57
288 Silver Monkey $1,857.17 Silver Monkey $35.17
167 knb $1,857.29 knb $36.22
58 willsilvaa $1,858.00 willsilvaa $36.66
207 Ferd Torgerson $1,859.67 Ferd Torgerson $36.11
175 StevenBHorser $1,860.00 StevenBHorser $39.50
222 achmachat $1,860.00 achmachat $47.00
156 top_shot $1,860.65 top_shot $42.39
12 Money Man $1,862.50 Money Man $36.82
131 chrisvin $1,865.13 chrisvin $35.87
39 pourty $1,867.00 pourty $36.55
141 JY896 $1,868.00 JY896 $40.75
147 swefred $1,871.16 swefred $39.37
1 ACM $1,874.00 ACM $38.00
212 gniuz $1,874.00 gniuz $39.94
87 Ubergrinch $1,876.50 Ubergrinch $36.80
35 joeretail $1,876.51 joeretail $36.87
19 Jagero6 $1,877.00 Jagero6 $37.00
143 moguls $1,877.00 moguls $37.77
242 AC_Doctor $1,877.00 AC_Doctor $38.51
326 WheelSpin $1,879.10 WheelSpin $39.20
332 Louie $1,879.35 Louie $37.11
30 kazemsd $1,880.00 kazemsd $39.00
36 bestever $1,880.00 bestever $41.00
146 Hayman $1,881.11 Hayman $40.37
61 thesandbox $1,882.00 thesandbox $37.40
229 Lxan $1,882.00 Lxan $37.80
184 TOMMACK $1,886.49 TOMMACK $36.42
256 mrfreebie $1,887.30 mrfreebie $36.48
115 Desert Fox $1,888.00 Desert Fox $38.11
165 beinki $1,888.88 beinki $38.88
135 LifeIsPain $1,889.00 LifeIsPain $39.98
308 plantorganic $1,889.00 plantorganic $36.55
300 Spazz $1,893.38 Spazz $39.68
283 usk $1,893.60 usk $37.44
151 vivekmert5 $1,895.00 vivekmert5 $43.00
286 LVStrapped $1,895.00 LVStrapped $40.23
318 MetalMike $1,896.00 MetalMike $37.17
71 silverbullet $1,896.25 silverbullet $39.55
122 Frankenstein-government $1,896.49 Frankenstein-government $38.10
120 C1 $1,897.77 C1 $39.17
195 tburk $1,899.00 tburk $38.40
2 needadeel $1,902.50 needadeel $41.45
100 psychofun $1,908.00 psychofun $40.38
37 slick $1,910.00 slick $42.70
82 Puck T. Smith $1,911.00 Puck T. Smith $45.00
275 AgNovice $1,912.00 AgNovice $41.00
205 s2man $1,912.94 s2man $39.01
315 watchingdogma $1,913.00 watchingdogma $39.67
95 wtfdik $1,914.09 wtfdik $38.90
22 Baxter Bentley $1,915.00 Baxter Bentley $44.20
68 Deeper $1,915.00 Deeper $39.50
104 Beentheredonethat $1,916.00 Beentheredonethat $39.43
301 survivalwstyle $1,919.19 survivalwstyle $46.46
317 Awesomeness $1,920.00 Awesomeness $44.31
7 Irene $1,922.00 Irene $42.00
216 Jasper $1,923.00 Jasper $51.20
79 Hoping to learn $1,930.94 Hoping to learn $36.88
150 senseosensei $1,942.42 senseosensei $42.42
158 shorthand $1,946.00 shorthand $46.00
174 Darth $1,955.52 Darth $41.28
80 Titus Andronicus $1,956.00 Titus Andronicus $43.62
189 TreeTop Dweller $1,957.33 TreeTop Dweller $48.11
279 Hillsie $1,964.00 Hillsie $43.55
305 Jim G Believes $1,970.55 Jim G Believes $43.05
92 Mudsharkbytes $1,975.00 Mudsharkbytes $48.50
261 zoltan $1,987.00 zoltan $49.87
244 Avocado Lover $1,999.00 Avocado Lover $44.99
219 Monedas $1,999.99 Monedas $49.99
154 Watcher $2,000.00 Watcher $49.00
238 peettieo1 $2,012.21 peettieo1 $38.38
209 Cliff 567 $2,088.00 Cliff 567 $39.99
93 tyberious $2,089.20 tyberious $39.97
11 AinT $2,100.00 AinT $55.00
89 slavador $2,341.60 slavador $55.02
153 Velocity $15,200.00 Velocity $27.95
199 Smiddywesson $23,794.22 Smiddywesson $1,410.24
total $629,783.07
divide by 338=average price $1,863.26
removing first entry &
last two entries. $589,951.29
divide by 335= $1,761.04
Sorted by SilverPrice
Order Posted Handle Gold Close Handle Silver Close
117 Joye $837.56 Joye $16.34
14 badScooter $1,550.00 badScooter $25.00
130 Homer-J-Fong $1,442.00 Homer-J-Fong $25.17
168 Tecumseh $1,442.50 Tecumseh $25.20
148 Stratajema $1,681.51 Stratajema $26.10
75 Sndman79 $1,657.70 Sndman79 $27.30
53 TransmissionRebuilder $1,566.40 TransmissionRebuilder $27.86
153 Velocity $15,200.00 Velocity $27.95
81 Beez $1,586.21 Beez $28.03
121 geminiRX $1,525.00 geminiRX $28.50
267 SilverFocker $1,649.32 SilverFocker $28.65
24 cwpcallie $1,666.00 cwpcallie $28.88
25 Denver $1,653.00 Denver $29.00
225 polopony $1,693.17 polopony $29.16
127 criscrossing $1,655.00 criscrossing $29.30
307 Dimeboy $1,688.00 Dimeboy $29.60
271 Daedalus Mugged $1,630.00 Daedalus Mugged $29.75
132 grvdigga $1,690.00 grvdigga $29.80
13 schmederling $1,558.00 schmederling $29.90
170 Jimbio $1,636.00 Jimbio $29.90
59 Boswell $1,699.00 Boswell $30.00
278 Voodoo Ecomomics $1,617.00 Voodoo Ecomomics $30.15
281 sakridge $1,800.88 sakridge $30.88
217 Urban Roman $1,699.00 Urban Roman $31.02
72 cwpcallie $1,705.38 cwpcallie $31.18
20 PuraVida $1,666.66 PuraVida $31.33
276 RickyBobby $1,687.87 RickyBobby $31.56
265 securi_D $1,704.20 securi_D $31.60
309 undergroundpizza $1,674.00 undergroundpizza $31.68
107 odyssey $1,698.00 odyssey $31.80
109 KC $1,666.00 KC $31.88
321 Be Prepared $1,689.58 Be Prepared $31.89
8 Pining 4 the Fjords $1,711.11 Pining 4 the Fjords $32.11
336 Terabyte $1,777.77 Terabyte $32.22
152 rz $1,832.22 rz $32.31
179 silverstool $1,687.00 silverstool $32.50
327 sixdollarsilver $1,720.00 sixdollarsilver $32.50
126 TruthPreeminent $1,777.24 TruthPreeminent $32.78
101 El Gordo $1,685.00 El Gordo $32.80
185 skulltoye $1,718.80 skulltoye $32.85
239 Nick Elway $1,752.00 Nick Elway $32.90
320 madcow $1,805.00 madcow $32.95
42 eyeswideopen $1,706.50 eyeswideopen $33.02
105 DaddyO $1,741.45 DaddyO $33.09
241 bikerspade $1,733.33 bikerspade $33.13
181 Lumpy $1,744.00 Lumpy $33.20
86 tmosley $1,738.00 tmosley $33.33
285 Rhinestone Cowboy $1,762.00 Rhinestone Cowboy $33.50
15 Hondo $1,739.00 Hondo $33.72
56 Dr Durden $1,693.00 Dr Durden $33.75
311 lakemike49 $1,746.60 lakemike49 $33.77
324 bemoosed $1,744.00 bemoosed $33.79
65 Captain Silver $1,764.00 Captain Silver $33.80
235 Chicken Little $1,785.20 Chicken Little $33.87
186 Marblesomac $1,748.48 Marblesomac $33.88
102 Art Lomax $1,796.29 Art Lomax $33.90
208 Dr G $1,750.00 Dr G $34.00
23 Stevenyo $1,743.52 Stevenyo $34.11
48 Chicagau $1,748.60 Chicagau $34.22
269 bbdgoco $1,757.00 bbdgoco $34.23
231 FleetFeet $1,763.10 FleetFeet $34.24
297 Cucamonga $1,733.14 Cucamonga $34.26
333 Ojibwemowin $1,752.50 Ojibwemowin $34.30
196 EBR Mod o $1,776.13 EBR Mod o $34.34
17 rpboxter $1,739.80 rpboxter $34.45
85 cpnscarlet $1,765.50 cpnscarlet $34.47
316 Kevin C $1,774.86 Kevin C $34.48
214 PaullyMoore $1,779.00 PaullyMoore $34.49
47 retireyoung $1,750.00 retireyoung $34.50
94 murphy $1,789.20 murphy $34.74
108 LONER $1,775.11 LONER $34.75
161 Audrey $1,843.01 Audrey $34.75
306 kemp $1,812.12 kemp $34.76
90 Xeno $1,782.10 Xeno $34.77
3 DrkPurpleHaze $1,820.00 DrkPurpleHaze $34.80
113 4king stacker $1,767.50 4king stacker $34.83
49 kingboo $1,748.00 kingboo $34.85
282 So It Goes $1,785.00 So It Goes $34.85
32 bvwalker1 $1,805.00 bvwalker1 $34.85
223 Thisho $1,796.52 Thisho $34.87
277 Swift Boat vet $1,791.00 Swift Boat vet $34.88
55 jonoso $1,741.25 jonoso $34.89
63 H Original $1,804.23 H Original $34.89
84 anolmec $1,794.75 anolmec $34.90
46 Hammer $1,776.00 Hammer $35.00
41 Gold Finger $1,780.00 Gold Finger $35.00
334 Wingy $1,792.80 Wingy $35.02
176 gs478 $1,776.00 gs478 $35.10
166 Blackshook $1,778.00 Blackshook $35.10
38 Vernon Wormer $1,784.45 Vernon Wormer $35.11
192 Colonel Angus $1,797.90 Colonel Angus $35.11
240 Arjen $1,783.00 Arjen $35.15
288 Silver Monkey $1,857.17 Silver Monkey $35.17
224 DarkStar $1,762.00 DarkStar $35.20
29 Dionysus $1,805.12 Dionysus $35.20
50 zman $1,727.00 zman $35.25
187 Dark Smith $1,770.00 Dark Smith $35.25
328 question $1,761.73 question $35.27
172 lcalama $1,789.00 lcalama $35.28
190 stubbornman $1,794.00 stubbornman $35.33
325 atlee $1,811.00 atlee $35.36
160 adrock $1,810.20 adrock $35.42
173 dsrcheetah $1,793.39 dsrcheetah $35.44
69 waxybilldupp $1,818.20 waxybilldupp $35.45
259 PM Stackin' Fool $1,822.00 PM Stackin' Fool $35.47
203 proformatrillionaire $1,802.25 proformatrillionaire $35.48
133 Apples $1,785.00 Apples $35.49
273 azzatack $1,705.00 azzatack $35.50
221 aucanary $1,776.00 aucanary $35.50
66 Astro_Phyz $1,801.00 Astro_Phyz $35.50
182 dudestacker $1,812.00 dudestacker $35.53
43 Rotwang $1,728.50 Rotwang $35.65
4 Boondock $1,777.00 Boondock $35.65
40 henateme $1,777.00 henateme $35.67
243 savo $1,777.00 savo $35.67
73 alphamorph $1,809.00 alphamorph $35.70
319 RhialtoJr $1,844.54 RhialtoJr $35.77
178 BostonMatrix $1,765.00 BostonMatrix $35.78
77 Rattling Bones $1,776.40 Rattling Bones $35.78
74 optimize $1,750.30 optimize $35.80
255 Defiler $1,792.00 Defiler $35.80
10 Charles S. Hamlin $1,823.00 Charles S. Hamlin $35.80
193 labestiol $1,762.37 labestiol $35.84
78 Eric Original $1,792.47 Eric Original $35.84
157 delric $1,814.00 delric $35.84
131 chrisvin $1,865.13 chrisvin $35.87
114 OrangeAlert $1,768.50 OrangeAlert $35.90
145 Virabhadra $1,795.70 Virabhadra $35.90
103 Sheeple-49 $1,810.41 Sheeple-49 $35.90
21 firstsilver $1,812.19 firstsilver $36.02
31 Two Gun Tobin $1,799.10 Two Gun Tobin $36.04
207 Ferd Torgerson $1,859.67 Ferd Torgerson $36.11
210 ferretflat $1,812.55 ferretflat $36.14
51 Lightning $1,845.00 Lightning $36.17
167 knb $1,857.29 knb $36.22
111 dmanson $1,797.00 dmanson $36.29
60 Laurens1778 $1,844.10 Laurens1778 $36.29
16 Grey Mare $1,818.00 Grey Mare $36.36
64 slacker $1,818.18 slacker $36.36
83 foggyroad $1,778.00 foggyroad $36.40
264 sevin $1,820.30 sevin $36.42
184 TOMMACK $1,886.49 TOMMACK $36.42
162 T $1,784.50 T $36.45
331 Maximillion $1,813.60 Maximillion $36.47
299 EschatonMaster $1,844.40 EschatonMaster $36.48
256 mrfreebie $1,887.30 mrfreebie $36.48
302 Mammoth $1,805.07 Mammoth $36.49
206 Gunrunner $1,765.50 Gunrunner $36.50
76 RaulP $1,827.00 RaulP $36.50
226 junoroland $1,847.00 junoroland $36.50
202 Capt. Willard $1,823.00 Capt. Willard $36.52
39 pourty $1,867.00 pourty $36.55
308 plantorganic $1,889.00 plantorganic $36.55
5 MonkeySmoke $1,849.32 MonkeySmoke $36.58
268 Chi-Town Deadhead $1,814.93 Chi-Town Deadhead $36.65
124 donnjackshit $1,806.06 donnjackshit $36.66
292 punchbowl $1,833.33 punchbowl $36.66
58 willsilvaa $1,858.00 willsilvaa $36.66
330 Blue Sky $1,834.00 Blue Sky $36.68
128 HKS $1,823.60 HKS $36.72
44 Ratzalot $1,844.00 Ratzalot $36.72
110 Swampfox $1,795.50 Swampfox $36.75
274 beach_bum $1,811.05 beach_bum $36.76
312 GoldMania3000 $1,801.33 GoldMania3000 $36.77
28 jrobb316 $1,778.35 jrobb316 $36.79
116 ClinkinKY $1,812.12 ClinkinKY $36.79
87 Ubergrinch $1,876.50 Ubergrinch $36.80
12 Money Man $1,862.50 Money Man $36.82
257 Deaglán $1,842.00 Deaglán $36.84
35 joeretail $1,876.51 joeretail $36.87
79 Hoping to learn $1,930.94 Hoping to learn $36.88
169 Puneet $1,856.79 Puneet $36.89
155 mark7996 $1,819.60 mark7996 $36.91
183 uki $1,810.55 uki $36.95
142 Buckets o Plenty $1,790.00 Buckets o Plenty $36.98
19 Jagero6 $1,877.00 Jagero6 $37.00
137 seraphis $1,803.10 seraphis $37.05
211 momac $1,822.23 momac $37.06
332 Louie $1,879.35 Louie $37.11
322 ag4me $1,817.17 ag4me $37.17
318 MetalMike $1,896.00 MetalMike $37.17
291 snick $1,797.00 snick $37.19
119 California Lawyer $1,841.19 California Lawyer $37.19
280 Bsong $1,847.23 Bsong $37.23
198 poshtiger $1,802.00 poshtiger $37.24
323 jnorton $1,834.45 jnorton $37.29
96 SilverRunNW $1,809.86 SilverRunNW $37.32
26 Big L $1,751.00 Big L $37.35
200 damijan $1,789.89 damijan $37.37
313 bucktooth $1,829.13 bucktooth $37.39
62 dnlward $1,580.00 dnlward $37.40
61 thesandbox $1,882.00 thesandbox $37.40
227 JayBKay $1,786.00 JayBKay $37.44
283 usk $1,893.60 usk $37.44
304 GM Jenkins $1,834.44 GM Jenkins $37.47
215 FR.Bill $1,847.47 FR.Bill $37.47
91 NZ SilverSurfer $1,846.35 NZ SilverSurfer $37.48
287 LOUP-GAROU $1,844.75 LOUP-GAROU $37.50
298 MisesFan $1,830.15 MisesFan $37.54
88 A31 $1,787.45 A31 $37.56
237 silver bullett $1,811.23 silver bullett $37.56
194 Hold over $1,847.00 Hold over $37.58
129 Ircsum $1,829.00 Ircsum $37.60
67 GrampAG $1,821.12 GrampAG $37.67
140 TheSilverOption $1,795.00 TheSilverOption $37.75
143 moguls $1,877.00 moguls $37.77
159 AlienEyes $1,837.50 AlienEyes $37.79
229 Lxan $1,882.00 Lxan $37.80
230 Buzz Wired $1,809.00 Buzz Wired $37.84
262 mirvin $1,810.95 mirvin $37.85
149 chinaaussiedoll $1,820.19 chinaaussiedoll $37.85
296 foxenburg $1,788.00 foxenburg $37.88
125 artaud23 $1,834.95 artaud23 $37.89
99 Vagabond $1,760.95 Vagabond $37.91
188 ranger7 $1,770.00 ranger7 $37.95
27 Gramp $1,799.00 Gramp $37.99
260 kuchek $1,850.00 kuchek $38.00
1 ACM $1,874.00 ACM $38.00
289 jacey $1,628.30 jacey $38.09
122 Frankenstein-government $1,896.49 Frankenstein-government $38.10
115 Desert Fox $1,888.00 Desert Fox $38.11
144 XenoFrog $1,831.00 XenoFrog $38.21
9 NW VIEW $1,714.01 NW VIEW $38.33
234 Doc1800 $1,804.50 Doc1800 $38.33
112 CarolD $1,833.00 CarolD $38.33
232 OC15 $1,827.27 OC15 $38.38
238 peettieo1 $2,012.21 peettieo1 $38.38
233 batting500 $1,833.25 batting500 $38.39
163 firefly $1,769.00 firefly $38.40
310 Carl $1,803.00 Carl $38.40
195 tburk $1,899.00 tburk $38.40
191 paulindoon $1,827.39 paulindoon $38.41
266 1ShotAK $1,826.75 1ShotAK $38.43
258 Gold Dog $1,802.56 Gold Dog $38.44
242 AC_Doctor $1,877.00 AC_Doctor $38.51
118 Mariposa de Oro $1,842.55 Mariposa de Oro $38.56
57 Maryann $1,798.00 Maryann $38.65
139 Lumandi $1,843.10 Lumandi $38.65
228 Candygram $1,808.24 Candygram $38.70
138 Stardust $1,850.00 Stardust $38.70
106 Michael $1,815.50 Michael $38.75
218 Pam $1,768.00 Pam $38.76
213 silver2500 $1,832.99 silver2500 $38.82
180 Orange $1,835.60 Orange $38.88
165 beinki $1,888.88 beinki $38.88
95 wtfdik $1,914.09 wtfdik $38.90
30 kazemsd $1,880.00 kazemsd $39.00
204 Big Z $1,797.48 Big Z $39.01
205 s2man $1,912.94 s2man $39.01
294 Cynicus $1,809.00 Cynicus $39.06
303 71185208 $1,823.10 71185208 $39.10
134 2turdledoves $1,836.00 2turdledoves $39.16
120 C1 $1,897.77 C1 $39.17
236 Moosebuster $1,812.00 Moosebuster $39.20
326 WheelSpin $1,879.10 WheelSpin $39.20
45 dannyhaha $1,838.42 dannyhaha $39.22
98 BASEBALL 13 $1,776.50 BASEBALL 13 $39.25
338 OutLookingIn $1,814.70 OutLookingIn $39.29
33 highway $1,832.45 highway $39.36
147 swefred $1,871.16 swefred $39.37
164 jaw777 $1,844.14 jaw777 $39.38
295 dolphindude $1,851.25 dolphindude $39.41
220 Shnozberries $1,792.00 Shnozberries $39.43
104 Beentheredonethat $1,916.00 Beentheredonethat $39.43
337 virtual $1,839.15 virtual $39.44
52 Maradona $1,816.00 Maradona $39.47
123 San Diego Gold BUg $1,822.04 San Diego Gold BUg $39.49
175 StevenBHorser $1,860.00 StevenBHorser $39.50
68 Deeper $1,915.00 Deeper $39.50
270 PATMEY $1,855.50 PATMEY $39.55
71 silverbullet $1,896.25 silverbullet $39.55
18 Roberto $1,857.00 Roberto $39.57
263 Yooper Rick $1,839.39 Yooper Rick $39.59
315 watchingdogma $1,913.00 watchingdogma $39.67
300 Spazz $1,893.38 Spazz $39.68
136 goldenbear $1,829.00 goldenbear $39.79
177 silverhoarder $1,845.00 silverhoarder $39.80
70 Dr Jerome $1,842.09 Dr Jerome $39.85
293 dgstage $1,789.66 dgstage $39.90
212 gniuz $1,874.00 gniuz $39.94
93 tyberious $2,089.20 tyberious $39.97
135 LifeIsPain $1,889.00 LifeIsPain $39.98
329 Heart's Yours $1,799.99 Heart's Yours $39.99
284 Sgt Schultz $1,821.66 Sgt Schultz $39.99
209 Cliff 567 $2,088.00 Cliff 567 $39.99
201 SuperLeggera $1,800.94 SuperLeggera $40.21
34 taylor747g $1,821.50 taylor747g $40.21
286 LVStrapped $1,895.00 LVStrapped $40.23
146 Hayman $1,881.11 Hayman $40.37
100 psychofun $1,908.00 psychofun $40.38
6 mack $1,841.00 mack $40.54
141 JY896 $1,868.00 JY896 $40.75
54 Cerote $1,825.00 Cerote $41.00
36 bestever $1,880.00 bestever $41.00
275 AgNovice $1,912.00 AgNovice $41.00
335 norby $1,680.00 norby $41.08
142 Transformer $1,853.00 Transformer $41.27
174 Darth $1,955.52 Darth $41.28
314 olivethedog $1,812.50 olivethedog $41.40
2 needadeel $1,902.50 needadeel $41.45
97 Green Lantern $1,822.00 Green Lantern $41.50
7 Irene $1,922.00 Irene $42.00
290 sonofagun $1,835.41 sonofagun $42.36
156 top_shot $1,860.65 top_shot $42.39
150 senseosensei $1,942.42 senseosensei $42.42
37 slick $1,910.00 slick $42.70
151 vivekmert5 $1,895.00 vivekmert5 $43.00
305 Jim G Believes $1,970.55 Jim G Believes $43.05
279 Hillsie $1,964.00 Hillsie $43.55
80 Titus Andronicus $1,956.00 Titus Andronicus $43.62
197 Teach $1,848.32 Teach $44.10
22 Baxter Bentley $1,915.00 Baxter Bentley $44.20
317 Awesomeness $1,920.00 Awesomeness $44.31
244 Avocado Lover $1,999.00 Avocado Lover $44.99
82 Puck T. Smith $1,911.00 Puck T. Smith $45.00
158 shorthand $1,946.00 shorthand $46.00
301 survivalwstyle $1,919.19 survivalwstyle $46.46
222 achmachat $1,860.00 achmachat $47.00
189 TreeTop Dweller $1,957.33 TreeTop Dweller $48.11
272 MainMan $1,849.00 MainMan $48.50
92 Mudsharkbytes $1,975.00 Mudsharkbytes $48.50
154 Watcher $2,000.00 Watcher $49.00
171 RaRaRasputin $1,812.00 RaRaRasputin $49.43
261 zoltan $1,987.00 zoltan $49.87
219 Monedas $1,999.99 Monedas $49.99
216 Jasper $1,923.00 Jasper $51.20
11 AinT $2,100.00 AinT $55.00
89 slavador $2,341.60 slavador $55.02
199 Smiddywesson $23,794.22 Smiddywesson $1,410.24
total $13,516.54
divide by 338=average price $39.99
removing first entry &
last two entries. $12,034.94
divide by 335= $35.93

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BlackHawk
Feb 2, 2012 - 9:27am

But JoeKa, my mentor

is YOU. The best Singapore-based TA expert on the whole site! I would mark your name next to Leonardo's..

Quote:
no mentor, or course, or literature can give anyone the holy grail to the secrets of success in trading in the markets
Except studying JoeKa posts can get you a long way. Thank you from your BF, biggest fan.
Smiddywesson
Feb 2, 2012 - 9:25am

@Joeka

Agreed Joeka. The game in the markets is to lure retail onto one side of the tug-o-war, and when they cluster, to jump in with size on the other side of the trade and drag them through the mud.

Any system, even a Holy Grail, will utterly fail if it puts you on the side of the trade with significant numbers of retail.

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5/28 8:30 ET Durable Goods
5/29 8:30 ET Pers Inc and Cons Spend
5/29 8:30 ET Core Inflation
5/29 9:45 ET Chicago PMI

Key Economic Events Week of 5/18

5/18 2:00 ET Goon Bostic speech
5/19 8:30 ET Housing starts
5/19 10:00 ET CGP and Mnuchin US Senate
5/20 10:00 ET Goon Bullard speech
5/20 2:00 ET April FOMC minutes
5/21 8:30 ET Philly Fed
5/21 9:45 ET Markit flash PMIs for May
5/21 10:00 ET Goon Williams speech
5/21 1:00 ET Goon Chlamydia speech
5/21 2:30 ET Chief Goon Powell speech

Key Economic Events Week of 5/11

5/11 12:00 ET Goon Bostic speech
5/11 12:30 ET Goon Evans speech
5/12 8:30 ET CPI
5/12 9:00 ET Goon Kashnkari speech
5/12 10:00 ET Goon Quarles speech
5/12 10:00 ET Goon Harker speech
5/12 5:00 ET Goon Mester speech
5/13 8:30 ET PPI
5/13 9:00 ET Chief Goon Powell speech
5/14 8:30 ET Initial jobless claims and import prices
5/14 1:00 ET Another Goon Kashnkari speech
5/14 6:00 ET Goon Kaplan speech
5/15 8:30 ET Retail Sales and Empire State index
5/15 9:15 ET Cap Ute and Ind Prod
5/15 10:00 ET Business Inventories

Key Economic Events Week of 5/4

5/4 10:00 ET Factory Orders
5/5 8:30 ET US Trade Deficit
5/5 9:45 ET Markit Service PMI
5/5 10:00 ET ISM Sevrice PMI
5/6 8:15 ET ADP jobs report
5/7 8:30 ET Productivity
5/8 8:30 ET BLSBS
5/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 4/27

4/28 8:30 ET Advance trade in goods
4/28 9:00 ET Case-Shiller home prices
4/29 8:30 ET Q1 GDP first guess
4/29 2:00 ET FOMC Fedlines
4/29 2:30 ET CGP presser
4/30 8:30 ET Pers Inc and Cons Spend
4/30 9:45 ET Chicago PMI
5/1 9:45 ET Markit Manu PMI
5/1 10:00 ET ISM Manu PMI

Key Economic Events Week of 4/20

4/20 8:30 ET Chicago Fed
4/21 10:00 ET Existing home sales
4/23 8:30 ET Weekly jobless claims
4/23 9:45 ET Markit flash PMIs
4/24 8:30 ET Durable Goods

Key Economic Events Week of 4/6

4/8 2:00 ET March FOMC minutes
4/9 8:30 ET Producer Price Index
4/10 8:30 ET Consumer Price Index

Key Economic Events Week of 3/30

3/31 9:45 ET Chicago PMI
4/1 8:15 ET ADP Employment
4/1 9:45 ET Markit manu PMI
4/1 10:00 ET ISM manu PMI
4/2 10:00 ET Factory Orders
4/3 8:30 ET BLSBS
4/3 9:45 ET Market service PMI
4/3 10:00 ET ISM service PMI

Key Economic Events Week of 3/23

3/24 9:45 ET Markit flash PMIs
3/25 8:30 ET Durable Goods
3/26 8:30 ET Weekly jobless claims
3/27 8:30 ET Personal Inc and Spending

Key Economic Events Week of 3/9

(as if these actually matter)
3/11 8:30 ET CPI
3/12 8:30 ET weekly jobless claims
3/12 8:30 ET PPI
3/13 8:30 ET Import Price Index

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