Wed, Mar 20, 2013 - 11:08am

Typing fast to post this while the site is up...
All is (relatively) quiet this morning as the markets await the Fedlines and Bernank presser at 2:00 p.m. EDT.

It's always fun when The Bernank issues statements after the Comex closes and it's going to be a very wild ride again today.

Coincident to that, our pal Santa will be hosting his "chat" in NYC this afternoon. You can bet that, if given the chance, The Gold Cartel will try to jam prices down while Santa is talking, if anything just to remind him that they are still in charge...for now.

So, anyway, expect significant
volatility this afternoon. On the bright side, though, is this: In between outages, I've posted two separate quotes/interviews from The Brenank's lapdog, Jon Hilsenrath of the WallStJournal. Hilsenrath has twice emphatically stated that the FOMC will not be swayed, that QE will continue ad infinitum and that The Fed will keep "hitting the gas" in order to wring out as much growth as possible from the moribund U.S. economy. With that in mind...maybe, just maybe...we'll actually get some UPside volatility. Maybe. Just be sure you're paying attention at 2:00 p.m. today.
Lastly, about the outages. It's not just my site that has been hit. You likely noticed that Max's and some others have been having trouble, too, and this appears to be related to the attacks on KWN, SD and others last month. The Tech Team is working overtime to try to fix things and we all should be extremely grateful.

I'm hoping that a forensic investigation will yield actionable results because I am fully intent upon pressing charges, if possible. These malicious attacks are designed to disable this site (my business) and they are doing significant financial damage not only through the downtime but by the cost of repairs. If this were to happen to a brick-and-mortar business, authorities would be called and arrests would be made. However, because this is the internet, the hackers feel safe behind their anonymity. Not if I have any say so in the matter, they're not
. I will keep you posted in my efforts to bring them to justice. It may take a while but I'm going to try.

That's all for now. I will be traveling again today so, even with all of the Fedline volatility, I won't be able to make an updated post until this evening. Remember, nothing of significance has taken place until gold moves through $1626 and silver moves through $29.40.


About the Author

turd [at] tfmetalsreport [dot] com ()


Fr. Bill
Mar 20, 2013 - 11:10am



Mar 20, 2013 - 11:11am

Will it work?

First, if I don't get a validation error.

Mar 20, 2013 - 11:38am

Tried to be first, tried to be second

Guess I'll take the bronze instead.

That is IF the site stays up long enough to get this posted. Who knows anymore.

Mar 20, 2013 - 11:43am

Voice of America on Cyber Attacks

Correction made to original post

South Korean financial and communication networks were attacked and taken down.

This is parallel to the problems at JPMC and many websites.

"South Korea's communications commission (KCC) says a distributed denial of services (DDos) attack, a common way to overload computer servers making websites unreachable, was not the reason computers at broadcasters and banks became paralyzed."

"Lee says suspected malware was circulated through a software update application known as the patch management system, destroying the primary sector on hard drives containing the code needed for starting the operating system (the master boot record)."

"South Korea's Financial Services Commission issued a statement saying Shinhan's Internet banking servers went down and that computers at Nonghyup and Jeju banks were hit by a virus that deleted files. The Commission adds that Woori Bank successfully fended off a suspected denial-of-service attack."

Mar 20, 2013 - 11:47am

To my suprise

I was reading an article witch stated "

"Cyrpus Knocks Euro And Stocks Lower, Gold Heads Toward $1639"

Love those Ozies! but lets hope for the best if we get through 1619-22 then 1639 then 1669 which would just make my day.

Great to have the site back up Turd and I hope you can ferret out the scum!

Mar 20, 2013 - 11:49am

When the Site is Down Buy Physical

Every time the site goes down I am going to buy physical.

So someone want to disrupt the Turd's site and other metal sites in an effort to help keep the metals down.

Well I'm emailing my favorite ball bearing company and ordering some more ASEs.

Take that!

Mar 20, 2013 - 11:50am


Lots of

Boats with

Metal to


Mar 20, 2013 - 12:03pm

site support is important, especially now

I agree with Jane. (thanks for the AOL scoop)

Supporting the site anyway possible would probably be very appreciated. All of this hard, dedicated work by the tech crew has to be costly and for good reason.

Do what you can when you can because TF Isn't the hat in hand type, nor should he have to be. I'm confident all of you will do what you're capable of because we have a solid group of people on here who appreciate the site.

I hope TFMR finds out whomever it might be that might be responsible for this and nails them to the wall by alerting the highest authorities possible. This sounds like it would be a federal offense. whomever it might be (if its partially isolated to this site) you better knock it off unless you want some federal law enforcement issues to suddenly burst into your life.

Silver Alert
Mar 20, 2013 - 12:03pm

Just w+8+ing

For the Bernank. A minor beatdown today compared to usual. Hopefully we'll get a nice post-FOMC bounce.

Mar 20, 2013 - 12:08pm

I just downloaded the latest

I just downloaded the latest software security update for OSX mac - recommend it for those who haven't yet :)

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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