With all that's going on in the world...from China to Ukraine to disinflation bias to the next FOMC meeting...what a perfect time for another Turdville Hat Contest!
The September FOMC meeting is Wed-Thu the 16th and 17th of September. The Fedlines that might contain a "September rate hike" will be released at 2:00 pm EDT on September 17. So, your entry in this contest is:
- The Comex closing price of the Dec15 gold on Friday, September 18
- The Comex closing price of the Dec15 silver on Friday, September 18
- Tiebreaker: The NYSE closing level of the HUI index on Friday, September 18
In each category, there will be two winners. In gold, first place is a TFMR silver round and second place is an autographed Turd Hat. In silver, same deal.
So, have at it. Please use this thread to submit your guesses and be sure to include your tiebreak answer. I'll close this thread to new entries tomorrow at 7:00 pm EDT.
GOOD LUCK!! (You're going to need it...)