Created Thu 27th Nov 2008 10:43am PST by

drzinternet Level 16, Oracle (H$765,902)

Gold- 600 or 1000 First?

Settled as Gold hits 1000 first

Gold prices crossed $1000 about mid-day Friday, 2/20...first notice was reported at 11:51 AM CST, so settlement will be set at that time....any wagers made afterward will be voided and refunded

Background:

Background: After peaking in March around 1000, gold prices slid down to almost 700 a few weeks ago. What will be in store for this "store of value" in 2009?

Settlement details:Based upon hitting the number intraday on http://www.kitco.com/.

Forecast history %

Gold hits 1000 first

100%

Gold hits 600 first

Gold does neither

Settled as Gold hits 1000 first on Sat 21st Feb 2009 5:41am PST

Activity: H$227,271
Predictions: 707
Comments: 5

Suspend date: Thu 31st Dec 2009 1am PST
Settlement date: Sat 21st Feb 2009 5:41am PST
Prediction cut-off: Predictions on this question after Fri 20th Feb 2009 9:50am PST have been voided because they were made after the question could be settled

Initial likelihoods: Gold hits 1000 first: 50%, Gold hits 600 first: 35%, Gold does neither: 15%

Action history:

Created Thu 27th Nov 2008 10:43am PST by

drzinternet Level 16, Oracle (H$765,902)

Settlement requested Fri 20th Feb 2009 7:16am PST by

sqlman [Admin]

: Does this count?

http://www.bloomberg.com/apps/news?pid=20601012&sid=aTMmkdAXEEOs&refer=commodities

http://www.marketwatch.com/news/story/gold-tops-1000-ounce-stocks/story.aspx?guid=%7BA05B9401%2DE3ED%2D4EED%2D9BC1%2D0E06B41F9446%7D&dist=TQP_Mod_mktwN

Settlement requested Fri 20th Feb 2009 9:51am PST by

predicta Level 14, Prophet (H$161,316)

: Broken $1000 now.

http://www.kitco.com/charts/livegold.html

Settlement requested Fri 20th Feb 2009 10:07am PST by

rogerkni Level 14, Prophet (H$222,585)

: Gold has just touched 1004 on Nymex, as documented on the Kitco chart here:
http://www.kitco.com/charts/livegold.html

Settlement requested Fri 20th Feb 2009 12:08pm PST by

predicta Level 14, Prophet (H$161,316)

: http://www.kitco.com/charts/livegold.html

Suspended Fri 20th Feb 2009 2:14pm PST by

bayoubear [Admin]

: Looks like settlement should be based on gold hitting $1000 as of 11:51 CST

Will verify time and settle as soon as I can

Settled as 'Gold hits 1000 first' Sat 21st Feb 2009 5:41am PST by

bayoubear [Admin]

: Gold prices crossed $1000 about mid-day Friday, 2/20...first notice was reported at 11:51 AM CST, so settlement will be set at that time....any wagers made afterward will be voided and refunded

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Predictions (707)

50 weeks ago

predicta Level 14, Prophet (H$161,316)

predicted Gold hits 1000 first (H$1,000 at 100%)

50 weeks ago

rogerkni Level 14, Prophet (H$222,585)

predicted Gold hits 1000 first (H$4,000 at 90%)

50 weeks ago

rogerkni Level 14, Prophet (H$222,585)

predicted Gold hits 1000 first (H$2,000 at 85%)

50 weeks ago

bgrigore Level 18, Megadubber (H$2,822,059)

predicted Gold does neither (H$300 at 9%)

50 weeks ago

rogerkni Level 14, Prophet (H$222,585)

predicted Gold hits 1000 first (H$4,000 at 88%)

Comments (5)

lola

Realtime Price Data @:
http://www.kitco.com/market

posted 1 year ago

sqlman [Admin]

Getting there...

http://www.marketwatch.com/news/story/Gold-re-captures-900-ounce/story.aspx?guid={CC1F7016-C181-46A3-88B3-F4F2CA8AE99C}

posted 1 year ago

drzinternet Level 16, Oracle (H$765,902)

High so far today 999.90 on http://www.kitco.com/market/. Not quite, though April futures did break 1000.

posted 50 weeks ago

raidersin09 Level 14, Prophet (H$133,463)

Already reached 1007.20 at time of this posting.

posted 50 weeks ago

predicta Level 14, Prophet (H$161,316)

http://www.kitco.com/charts/livegold.html

All over

posted 50 weeks ago

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