Adam, PP may have in fact correctly predicted the 31 Dec gold price.... if you can quantify & factor in the price of market manipulation & meddling. So, admonish & pat yourselves on the back in equal measure. You deserve it.
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Where do you think the (nominal) price of gold will be on June 30, 2013?
Above $2,500/oz
4% (5 votes)
Between $2,250-$2,500/oz
6% (9 votes)
Between $2,000-$2,250/oz
14% (20 votes)
Between $1,750-$2,000/oz
50% (70 votes)
Between $1,500-$1,750/oz
24% (34 votes)
Between $1,250-$1,500/oz
1% (2 votes)
Below $1,250/oz
0% (0 votes)
Total votes: 140
Back in July, a poll of the PeakProsperity.com audience predicted the price of gold today (Dec 31, 2012) would be "Between $1,750-$2,000/oz". Wish that were so.
Gold looks set to finish the year somewhere near $1,670/oz (there are a few hours left in the trading day, so is there still time for miracles...)
I've posted the new poll above to give us all a second chance to prove our progosticating chops. Please take a moment to make your vote, and we'll revisit the results in 6 months.
cheers,
A
2 Comments
Fri, Jan 4, 2013 - 4:09pm
#2
Still coiling
I came in a little low on the last poll, but I still think we're in for some more sideways action for the time being. It's looking more and more like we will test support at ~1,525 before we see any significant move to the upside... we'll that's my prediction anyway.
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