Anniversary Hat Contest

Thu, May 17, 2012 - 8:01am

As hard as it is to believe, this site will have it's 1st birthday on 6/14/12. Time sure goes fast when you're getting the snot beat out of you, day after day.

It's been a crazy 11 months but today is not the day for a retrospective. Today IS the day to start a new Hat Contest! Same rules as before. Submit your guess for the closing Comex price on Thursday, June 14 for the July12 silver contract and the August12 gold. Each winner will receive a genuine, 100% authentic and autographed Turd Ferguson hat. If any lucky Turdite manages to win both categories, I'll even throw in an original mint "silver Keiser" for good measure.

So, go for it! Enter your guesses in the comments section of this thread. I'll leave it open for entries through the Comex open tomorrow (8:20 am EDT) if you want to take a look at today's action before committing. Remember, all new Turdites have their initial comments sent into the "moderation queue" for approval. So, if you don't see your entry show up immediately, do not despair. Just give the mods and I a little time to find it and publish it.

I'm going to be out most of the day today so I won't be able to post a new thread until at least mid-afternoon. Please continue to use the "sticky" thread at the top of the homepage as your discussion/open thread. In the meantime, the nice rally overnight was derailed by euro weakness earlier today. Oh well. At least we are up a little off of yesterday's lows. Baby steps, everyone. To begin with, we need to stem the tide of the spec shorts. Then, we can reverse and squeeze them.

Have a fun day! TF

About the Author

turd [at] tfmetalsreport [dot] com ()


May 17, 2012 - 8:48am


Silver $34,88

Gold $1743

May 17, 2012 - 8:48am

Hit Me With Your Rhythm Stick, Dude

GOLD: $ 1666

SILVER: $ 31.15


Video unavailable
Nico Romanov
May 17, 2012 - 8:53am

AU 1626.20, AG 30.30

Gold 1626.20, Silver 30.30

May 17, 2012 - 8:54am

best guess

Ag 29.30

Au 1604.50

May 17, 2012 - 8:55am

I already have a hat so

why not be nutcakes?

Silver 37.14

Gold 1722.14

Gold is up in Euros, and USD - this must be good.

Pining - but soon you and Murphy will be regulators, being such experts and all. Let us know when you have been 'captured' and can start giving us the inside edge.

May 17, 2012 - 8:55am

thar she blows

where is groaner?

May 17, 2012 - 8:59am

Morgue's loss to rise atleast 50%, no really?

I think Turd called this one out right away. I could be wrong but I think he said he'd bet it was 10 times that.

At any rate, the lesson learned long ago and applied here is that when a corporment entity announces that they've lost something, the truth is likely much more than that.

My calls:

Ag- $28.58

Au - $1585.23

May 17, 2012 - 8:59am

Just think of 'her' as silver or gold

Steely Dan 《Do It Again》 ( original studio sound version)

(hey Maravich - you the man!)

May 17, 2012 - 9:00am

TF / recaptureamerica

Thanks big, yellow- hatted one!

That was one long agonizing year ( market wise) but a quick one at the same time. The variable of time I guess.

Congrats on enduring it this far and hopefully the PM's will have picked up a bit by then.

No guess by myself for hat contest purposes (already have two) but I'll let former Chinese leader Deng Xiaoping hazard a guess.

Looks like he really wants a hat.

Au $1575 Ag 28.75



Just watch how this eventually evolves into the big banks gravitating closer to China and showing them how it's done (shorting) western style and what they can control (entire market complex/populace) by doing so.

There's an obvious flow to this if you allow yourself to just consider it. The big American banks (multi-nationals actually) will essentially sell America short before it's all said and done.

May 17, 2012 - 9:00am


Gold: 1711.11

Silver 33.11

I have to go bullish this time, ever since they imposed position limits Murphy and I are hobbled in our ability to drop thousands of contracts and lower price on demand in order to win the hat contest. Damn regulators.

267 Comments on Anniversary Hat Contest

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