Oil and gold contest update #1

Despite what you hear on CNBC right now about plunging U.S. stocks, it was a good week for hard assets - oil was up 6 percent and gold rose 2 percent. Here's the anxiously awaited first update to the third semi-annual "Guess the year-end price of oil and gold" contest.
With the November WTI crude oil futures contract closing at $88.60 and the spot gold bid ending up at $763.60, this puts the Incredible, Inscrutable Chicken snuggled up closest to the little yellow marker above, followed by the Prudent Investor and Richards.

For a list of all 63 guesses and other titillating information about this contest, see last week's post Oil and gold guesses - the fun begins.

This chart will be updated about every two weeks until the end of the year and the winner receives a free one-year subscription to the investment website Iacono Research, where the model portfolio did a lot better than the U.S. stock market this week.