Oil and Gold Contest Update

This is just a quick update on the progress of the "Guess the mid-year price of oil and gold" contest, set to conclude four weeks from today. The winner receives a free one-year subscription to Iacono Research where the model portfolio turned in a very strong performance this week.

Blue Event Horizon is still in the lead, but six or eight other contestants will soon be in the mix if there is follow through in the gold price next week.


The contest will be repeated this fall. If you forgot to enter a guess, check back in October or November to join in on the fun.

Check out the price of silver this week.


Silver sometimes go up as fast as it goes down - not very often, but often enough to make you wish you'd placed that order or made that phone call to the coin shop a few days ago.

The poor man's gold seems to bounce pretty strongly off of its 200-day moving average - especially on days when the European Central Bank announces that it isn't going to sell any more gold until September.

Somehow it feels as though re-taking the $15 level is just a matter of time.