Oil and gold contest update #3

With just under three weeks left to go before the end of the year, here's update number three for the suddenly, much more exciting "Guess the year-end price of oil and gold" contest.
After declining for the last three weeks, the price of crude oil, at $69.87 a barrel, is now well below the average contest guess of $70 a barrel. Similarly, gold's two week downturn leaves it at $1,115 an ounce today, well shy of the average guess of $1,144 an ounce.

The top ten spots are shown below - an entirely different group than last week for reasons that should be obvious - with DEL, APB, EEngineer, and GW occupying the top four positions with combined errors of less than four percent.
Yours truly vaulted from out of nowhere to position number 7, a big improvement over the last two contests where the top ten was never seen after doing quite well the previous three or four times. All things considered, I wouldn't mind being out of the top ten with those guesses - preferably a position on the chart well left of the yellow diamond indicating today's prices.

Recall that the winner will receive a free one-year subscription to the companion investment website Iacono Research , valued at $159, where the model portfolio had its first big down week in some time but still sports a respectable year-to-date gain of almost 17 percent.

There will be one more update next Friday and then a winner will be announced a week later, sometime around New Year's Eve or New Year's Day.

Good luck to all!

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To learn more about investing in natural resources using commonly traded ETFs,
stocks, and mutual funds, see this description at Iacono Research.For subscription details, click here.