$29.95 If Spain asks for a bailout, we may all be too low.
Since all the good guesses are taken, I’ll say 27.98.
Guessing and maybe hoping for $28.94
Welcome back Dayvd!
Wowzzer Doc, site looks great and I can like a normal person lol
$28.99 for the WIN!!!!!!!!!
30.11
Hopefully the minutes are positive.
Looks like I had browser issues. And I didnt see the bid for 30.11 already. I entered 30.12 at 12.01 hopefully that is acceptable.
$29.18
Hey come on, I had browser issues too!
“All price predictions must be entered by 11:59 p.m. est. on 8/20/2012.”
I agree Celt looks like I just missed this one. I didnt take into account a slow server issue. I actually submitted my $30.11 replay at about 11:55 after refreshing the screen. When I didnt see my post I reposted at 11:58. Then at 11:59pm I saw your post and reposted 30.12. It looks like it took 2-3 minutes to process.
Anyway Good Luck everyone! Hopefully I have better luck the rest of the week.
Why I liked 30.11:
I choose that number because of its range. It had at least a $1.07 of bidding space. Which increased my odds of winning. I also took into account recent Soros and Rothschild investment activity and Bill Murphys breakout prediction in August. The rest of the bids had only on average 7 cent bidding space. Needless to say this is a tight race. The average price among all posters was $27.59 Which I took into account. I dont think it will fall below 28.60 because as of Monday night a floor had been established. Usually In one week Silver usually doesnt move more than $2 per week up or down. I think if the FOMC minutes which releases on Tuesday and Wednesday hint at QE the price will jump past 29.60. This should be fun to watch. I still think QE3 wont be announced before the election but I also believe it could if the ESM treaty isnt ratified on 9/12.
Sorry for the server issues…we are able to see what time the guesses are submitted on the back-end at their actual time. StackerX, we have you down for 30.12.
As a contestant I would like to issue a formal protest please.
We both guessed $30.11 less than 10 minutes before the contest closed. I guessed that amount on the same reasoning you did StackerX. Good job.
I thought for sure they would have just split the pot between us if we were to be so lucky to win. As the rules definitely did not state double guesses were allowed.
And that is my suggestion. A splitting of the pot for identical guesses. Double guesses that didn’t show up on the website until 12:01 but are still allowed seem unfair to me. That’s just how I perceive it and it isn’t my game so I don’t ultimately make the rules but that is my honest perception of how it should be handled.
Thanks for the opportunity to participate, love the website and I tell all my friends about the great information here.
Celt
I am amazed that we both choose $30.11 at virtually the same time. I would be more than happy to share the SD ounces 50/50 with theCelt. If it was real Silver Oz it probably would be a different story.
But in all honesty I think Reachwest or even MageofMaple got this. I could easily see it go up another $1 by Fridays closing.