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How high will gold prices move in 2009?

Background: Settlement will be based upon the highest closing price reported by NYMEX by year's end.

Suspension date has been moved to December 1, 2009, with settlement to be made in January of 2010.

Settlement details:As reported by a major mainstream news source.

 
Forecast history %
less than or equal to $1000
0%
greater than $1000 and less than or equal to $1500
98%
greater than $1500 and less than or equal to $2000
1%
greater than $2000 and less than or equal to $2500
0%
greater than $2500
0%
Question suspends in 1 week

Suspend date: Tue 1st Dec 3:59pm PST (1 week to go)

Initial likelihoods: less than or equal to $1000: 40%, greater than $1000 and less than or equal to $1500: 30%, greater than $1500 and less than or equal to $2000: 15%, greater than $2000 and less than or equal to $2500: 10%, greater than $2500: 5%

Action history:

Created Sat 17th Jan 5:55am PST by ai_robots_480
Suspended Sat 31st Jan 3:59pm PST : Suspend date reached
Changed Suspend date Mon 2nd Feb 6:06am PST by bayoubear[Admin]: was: "2009-01-31 15:59:00"
Unsuspended Mon 2nd Feb 6:08am PST by bayoubear[Admin]: suspension date adjusted
Suspended Fri 11th Sep 4:46pm PST by tuff_sledding[Power User]: Suspended pending settlement
Settlement requested Fri 11th Sep 4:46pm PST by tuff_sledding[Power User]: I think this is now due for settlement. Gold closed over $1k (market suspended)
Unsuspended Sat 12th Sep 5:47am PST by bayoubear[Admin]: There still is a possiblity of the price gold going up even higher...all we've done so far is eliminate one option...it still could go over $1500 by year's end...maybe not bery likely, but there is a possibility....

Suspend date: Tue 1st Dec 3:59pm PST (1 week to go) details

 

Predictions (277)

1 day ago
tuff_sledding[Power User] predicted greater than $1000 and less than or equal to $1500 (H$6,000 at 97%)
2 weeks ago
coolkraft predicted greater than $1500 and less than or equal to $2000 (H$50 at 4%)
3 weeks ago
tuff_sledding[Power User] predicted greater than $1000 and less than or equal to $1500 (H$4,000 at 96%)
3 weeks ago
cfcm77 predicted less than or equal to $1000 (H$20 at 1%)
5 weeks ago
rogerkni predicted greater than $2000 and less than or equal to $2500 (H$50 at 1%)

Comments (11)

  1 koester
Whats the actual date the price of gold is measured at?
Is it the suspension date or the whole of 2009?
posted 42 weeks ago
  2 oli_g2000
great i guess its the whole of 9
posted 41 weeks ago
i don't think gold will go up greatly until next year or the year after..

we will see the 2nd mortgage crisis and inflation from all those dollars printed
posted 14 weeks ago
  6 bayoubear[Admin]
Even though gold has topped $1000, there still is the possibility that it could climb higher still...maybe not very likely, but possible. So we'll leave this one open . . . players may want to take their earnings so far and reinvest in other wagers, cause we won't able to truly settle this until the end of the year, UNLESS it does go $2500 or more.
posted 10 weeks ago
  8 coolkraft
1112.90 per Bloomberg
posted 1 week ago
  9 coolkraft
1120
posted 1 week ago
  10 coolkraft
1133.20
posted 5 days ago
  11 coolkraft
1147.72
posted 3 days ago

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