Let's Give Away Some Hats!

241
Wed, Sep 14, 2011 - 9:24am

Today marks the 3-month anniversary of the new site! Seems longer than that doesn't it? The one-year anniversary for all of Turdville is 11/11/11. (Hmmmm. Why does that date sound so attractive? Mister Hyde knows.) Anyway, I thought we'd celebrate with a series of contests today. Each contest will end and the winner will be determined when I open a new thread with the next Turd Trivia question.

First, let's do some business. The metals had me quite optimistic when I retired for the evening. Alas, they could not hold their strength through the criminal LBMA session, so we begin the day at about the same spot we ended yesterday. Hey, I guess in the grand scheme of things, that ain't too bad.

Gold is slowly getting compressed by the main short-term trendline on the hourly chart below. Given that the line is descending at about $10/day and given that gold has very strong support between 1800 and 1820, I'm still expecting resolution and a strong rally by the end of the week or early next week. Silver needs to be watched very closely here. It's resting perilously close to the 3-month trendline from the 8-hour charts and, as I mentioned yesterday, I'm a little nervous about the short-term direction of crude. Put it all together and it means "be careful". Hopefully, silver will continue to ride the main trend higher and, eventually, skip away for some breathing room. However, if it substantially breaks down through the trendline, watch out. It could pull back as far as $38 before buying steps in. Again, all I'm saying is watch this closely and be careful.

OK, onto question #1. It's a two-part question and you have to get both sides answered correctly to win.

1) There are 196 countries in the world. Within 3, from how many has TFMR been accessed in the first 90 days?

2) Name 3 countries that have not yet been Turdified.

Again, this contest closes and another one opens when I start a new thread in a couple of hours.

Lastly, I would be remiss if I didn't thank again all of those who have so generously "fed the turd" over the past 16 hours. The outpouring of support has been overwhelming but I am diligently getting caught up with the "thank you" responses. The filling of the coffers will allow us to improve the site yet again in the coming days and weeks. I'll keep you posted.

Have a great morning and good luck! TF

About the Author

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

  241 Comments

DeltaCharlie
Sep 14, 2011 - 9:26am

Yes, pls

First?

madgstrader
Sep 14, 2011 - 9:28am
MisesFan
Sep 14, 2011 - 9:31am

1) 98 2) Iran, Somalia, North

1) 98

2) Iran, Somalia, North Korea (those damn CIA-created terrorists)

Congrats on Q1!!!

Two Gun Tobin
Sep 14, 2011 - 9:34am

Two Gun Wants another Hat

My guess is 1)60 countries 2) Algeria, Chad, Somalia

speconomist
Sep 14, 2011 - 9:34am

New contest? Nice!

1) 144 countries.

2) Liberia, Burundi and Eritrea.

_

Also, there's a new blogpost in KWN, Jim Rickards saying the Monetary system will go Gold soon.

vaga222
Sep 14, 2011 - 9:36am

Big Yellow Head Warmer

a) 120

b) Somalia, Laos, Serbia

33 and a turd
Sep 14, 2011 - 9:37am

119 countries Burkena Faso,

119 countries

Burkena Faso, North Korea and Vietnam

ericplatham
Sep 14, 2011 - 9:39am

Good Luck to Everyone

A) 105

B) BURKINA FASO, NIGER, CAMBODIA

DeltaCharlie
Sep 14, 2011 - 9:42am

Turd Quiz, Love it.

a) 64 countries

b) Iran, North Korea, Libya

b15h09
Sep 14, 2011 - 9:43am

1) 69 countries 2) Somalia,

1) 69 countries

2) Somalia, Cambodia, North Korea

Thanks for the site, Turd and Turdites! Don't post much, but I try to read daily, and I learn a lot. Much appreciated.

Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

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Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Key Economic Events Week of 10/7

10/8 8:30 ET Producer Price Index
10/9 10:00 ET Job Openings
10/9 10:00 ET Wholesale Inventories
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET Consumer Price Index
10/11 10:00 ET Consumer Sentiment

Key Economic Events Week of 9/30

9/30 9:45 ET Chicago PMI
10/1 9:45 ET Markit Manu PMI
10/1 10:00 ET ISM Manu PMI
10/1 10:00 ET Construction Spending
10/2 China Golden Week Begins
10/2 8:15 ET ADP jobs report
10/3 9:45 ET Markit Service PMI
10/3 10:00 ET ISM Service PMI
10/3 10:00 ET Factory Orders
10/4 8:30 ET BLSBS
10/4 8:30 ET US Trade Deficit

Key Economic Events Week of 9/23

9/23 9:45 ET Markit flash PMIs
9/24 10:00 ET Consumer Confidence
9/26 8:30 ET Q2 GDP third guess
9/27 8:30 ET Durable Goods
9/27 8:30 ET Pers Inc and Cons Spend
9/27 8:30 ET Core Inflation

Key Economic Events Week of 9/16

9/17 9:15 ET Cap Ute & Ind Prod
9/18 8:30 ET Housing Starts & Bldg Perm.
9/18 2:00 ET Fedlines
9/18 2:30 ET CGP presser
9/19 8:30 ET Philly Fed
9/19 10:00 ET Existing Home Sales

Key Economic Events Week of 9/9

9/10 10:00 ET Job openings
9/11 8:30 ET PPI
9/11 10:00 ET Wholesale Inv.
9/12 8:30 ET CPI
9/13 8:30 ET Retail Sales
9/13 10:00 ET Consumer Sentiment
9/13 10:00 ET Business Inv.

Key Economic Events Week of 9/3

9/3 9:45 ET Markit Manu PMI
9/3 10:00 ET ISM Manu PMI
9/3 10:00 ET Construction Spending
9/4 8:30 ET Foreign Trade Deficit
9/5 9:45 ET Markit Svc PMI
9/5 10:00 ET ISM Svc PMI
9/5 10:00 ET Factory Orders
9/6 8:30 ET BLSBS

Key Economic Events Week of 8/26

8/26 8:30 ET Durable Goods
8/27 9:00 ET Case-Shiller Home Price Idx
8/27 10:00 ET Consumer Confidence
8/29 8:30 ET Q2 GDP 2nd guess
8/29 8:30 ET Advance Trade in Goods
8/30 8:30 ET Pers. Inc. and Cons. Spend.
8/30 8:30 ET Core Inflation
8/30 9:45 ET Chicago PMI

Key Economic Events Week of 8/19

8/21 10:00 ET Existing home sales
8/21 2:00 ET July FOMC minutes
8/22 9:45 ET Markit Manu and Svc PMIs
8/22 Jackson Holedown begins
8/23 10:00 ET Chief Goon Powell speaks

Key Economic Events Week of 8/12

8/13 8:30 ET Consumer Price Index
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Labor Costs
8/14 8:30 ET Philly Fed
8/14 9:15 ET Ind Prod and Cap Ute
8/14 10:00 ET Business Inventories
8/15 8:30 ET Housing Starts & Bldg Permits

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