
Gold versus the DOW. Which will shine brightest at Friday 28 November
DJIA wound up ahead by 67.1.
DJIA at 8829.04
Gold at 815.85
882 minus 815 = 67
Background:>
Gold closed at 791.80
For this question we use the first 3 digits of the DJIA and the whole dollar digits of the spot gold price, ie starting market is 804 v 791.
If DJIA goes above 10,000 or gold goes above $1,000 we can make it up as we go because we are all smart enough to do that. It is an interesting market in these times. Where are people going to put their money?
In the milleniums old safe haven of precious metal or in 30 of the biggest and best run companies around. (Well most of them still qualify as such.)
I have used CNN money for the source for the final gold price although for live tracking gold I find <a href="http://www.nymex.com/index.aspx">www.nymex.com/index.aspx</a> to be better during trading, but the quotes disappear at the end of the session.
CNN money is the best site I've found for live tracking the DJIA.
<a href="http://money.cnn.com/quote/quote.html?symb=DJIA">http://money.cnn.com/quote/quote.html?symb=DJIA</a>
Market suspends 1 hour before NYSE closes.I have entered this as
1500hrs EDT. If anyone thinks this needs correcting please let me know. Happy picking. Pete.
Settlement details:
DJIA closing price 28 Nov 09 as quoted on <a href="http://money.cnn.com/quote/quote.html?symb=DJIA">http://money.cnn.com/quote/quote.html?symb=DJIA</a>
Gold price <a href="http://money.cnn.com/data/commodities/index.html">http://money.cnn.com/data/commodities/index.html</a>
Settled
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DJIA ahead by more than 400 |
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DJIA ahead by 301-400 |
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DJIA ahead by 201-300 |
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DJIA ahead by 101-200 |
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DJIA ahead by 1-100 |
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Gold ahead by 1-100 |
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Gold ahead by 101-200 |
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Gold ahead by 201-300 |
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Gold ahead by 301-400 |
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Gold ahead by more than 400 |
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Suspend date: Fri 28th Nov 2008 11am PST Settlement date: Sat 29th Nov 2008 5:07am PSTPrediction cut-off: Predictions on this question after Fri 28th Nov 2008 11am PST have been voided because they were made after the question could be settled
Initial likelihoods: DJIA ahead by more than 400: 10%, DJIA ahead by 301-400: 10%, DJIA ahead by 201-300: 10%, DJIA ahead by 101-200: 10%, DJIA ahead by 1-100: 10%, Gold ahead by 1-100: 10%, Gold ahead by 101-200 : 10%, Gold ahead by 201-300: 10%, Gold ahead by 301-400: 10%, Gold ahead by more than 400: 10%
Action history:
Gold 815.85
= DJIA ahead by 67.1
DJIA ahead by 1-100 wins
DJIA at 8829.04
Gold at 815.85
882 minus 815 = 67
Suspend date: Fri 28th Nov 2008 11am PST Settlement date: Sat 29th Nov 2008 5:07am PSTPrediction cut-off: Predictions on this question after Fri 28th Nov 2008 11am PST have been voided because they were made after the question could be settled
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Predictions (80)
80 predictions
Comments (6)
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Thanks for an interesting question!
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