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Which will be higher on January 4, 2010, the S&P 500 index or an ounce of gold?

Background: Both the price of gold and the U.S. stock markets have been on an uptrend lately. The government’s recent statements that we are starting to move out of our recession coupled with the decreasing trend in the value of the U.S. dollar, make it likely these markets will remain volatile in the near future.

Which will close highest on January 4, 2010, an ounce of gold or the S&P 500 index? The settlement for this question will be based on that day’s closing prices, not on intraday pricing. January 4th was chosen for settlement since the 1st is a market holiday.

This market will close following the end of trading on the day prior.

Gold closed on August 21st at $953.70.
You can find current gold pricing at this site: http://www.kitco.com/market

The S&P 500 index closed on August 21st at $1,007.37
You can find current index pricing at this site: http://www.bloomberg.com/markets/stocks/movers_index_spx.html

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

 
Forecast history %
The S&P 500 index is worth more
24%
An ounce of gold is worth more
76%
Question suspends in 5 weeks

Suspend date: Thu 31st Dec 5pm PST (5 weeks to go)

Initial likelihoods: The S&P 500 index is worth more: 50%, An ounce of gold is worth more: 50%

Action history:

Created Fri 21st Aug 3:15pm PST by mickeydaniel

Suspend date: Thu 31st Dec 5pm PST (5 weeks to go) details

 

Predictions (26)

1 week ago
coolkraft predicted An ounce of gold is worth more (H$600 at 77%)
1 week ago
raidersin09 predicted The S&P 500 index is worth more (H$20 at 24%)
2 weeks ago
frogchop predicted The S&P 500 index is worth more (H$100 at 23%)
2 weeks ago
rogerkni predicted An ounce of gold is worth more (H$750 at 76%)
2 weeks ago
rogerkni predicted An ounce of gold is worth more (H$500 at 70%)

Comments (1)

  1 coolkraft
1133.20
posted 5 days ago

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