@sammysilver has kindly offered a 1 oz Silver Maple as the prize in our next "Make a legend of yourself by guessing the POS" competition. In our last comp the "losers" who predicted a fall completely outnumbered the very few legends who accurately predicted that the POS would rise over the time period allocated. What will it be this time? Falling? Rising? Or will @heartastack's $300/oz be hit???!!!!! What will the POS be at the close of trading on Friday June 30 2023? Rules: 1. competition closes 9pm AEST June 23. 2. you are allowed 1 guess 3. I will use the price on https://www.usagold.com/daily-silver-price-history/ because I quite like the 5 pointed star on the "O" in USAGOLD as I have relies who used to live in Texas. 4. guesses must be posted on the open forum no PMs, postcards, message sticks or if you have my number no SMS* 5. if you post a price that has already been taken then it's up to you to change it, I won't be notifying you 6. *for those members locked out, I'm happy for you to email your guesses to @ozcopper long as he's in agreement to post the guess here on your behalf. (paulb (at) ozcopper dot com) I'm not sure of the postage arrangements, @ sammysilver can you confirm whether you'll cover domestic postage?
@ozcopper, can you look after any members who have been locked out that contact you via email and post their guesses on their behalf?
Some research for everyone: 1. The Fed's rate decision at the June FOMC meeting according to the bond market.
13 guess so far and the "bears" have the slenderest of leads with 7 guess below the spot price at the time the comp. started over the "bulls" with 6 guesses. And the market is now leaning toward a rate increase in mid-June, but there's plenty of time for sentiment to swing back and forth between now and then.
