Tuesday, April 22, 2008
Today is the last day for entries in the fourth semi-annual "Guess the price of oil and gold" contest - be sure to get your guesses in by midnight PST or they will not be accepted. Here's one last look at the historical chart:
A free one-year subscription to the companion investment website Iacono Research will be awarded to the contestant with the lowest combined percentage error between their guesses and the prices for these two important commodities on June 30th. The closing price for the near-month (August) NYMEX futures contract for WTI crude oil and the closing price for spot gold on the COMEX will be used.
Here's one last look at how things ended up last year:
A new graphic will be provided later this week containing all the entries for the current contest and then regular updates will occur between now and the end of June. See the contest kickoff post and last week's reminder for more details.
Entries may be made either by posting them in the comments section of this post (or either of the prior two posts above) or sending mail to either tim-at-iaconoresearch.com or tliacono-at-yahoo.com.
The winner will be announced on June 30th - good luck to all!