Friday, December 12, 2008
Here's another quick update for the "Guess the Year-End Price of Oil and Gold" contest. With crude oil at about $46 a barrel and gold at about $822 per ounce, not much has changed since the last update two weeks ago as Bear Tracks still has a comfortable the lead.
Rounding out the top five are Dorcas' Daddy (with a bold call of $40 for crude oil), News, getyourselfconncted, and the Inscrutible Chicken.
Recall that the winner will receive a free one year subscription to Iacono Research, valued at $159, where the model portfolio had its biggest week ever this week, but remains down sharply for the year.
To learn more about investing in natural resources using commonly traded ETFs, stocks, and mutual funds, see this description at Iacono Research. Or, sign up for a free trial.