Before we get to the exciting news about the MPI, let’s quickly run down the commodity closing prices: Gold: $1643; Silver: $31.70; Crude Oil: $103.61/bbl.
The metals are pretty seriously trending down. See Jesse’s Cafe Americain for charts. We have no idea what it means, but all the experts do. Buy now!!! Then, go out and buy a house! You can’t lose!! Ha, ha.
But now for the Model Portfolio Index. Wow, those monkeys must be chuckling! We sure wish we had bought those stocks when we saw what the monkeys had chosen. The cumulative increase is 15% in less than four months. We just checked, the DJIA is up just 4% during that period. Even the NASDAQ is up only 14%. Who knew?