2017 Predictions Contest
2017 Predictions Contest
I will run the predictions contest again in 2017!
The averages of all predictions were pretty close for the GOLD:
Median 1125
Average 1138
Actual 1169
The rest of the averages were wildly pessimistic with a few notable exceptions!
Please enter your guesses or forecasts for the values on Dec 31, 2017 in the following format:
DOW:
TSX:
GOLD:
OIL:
CAD:
with the dollar amounts in USD. The index is just a number.
Deadline for entry is January 16th at 9:30 am EST. Results will be published monthly. If you decide to change your submission, please just edit the original submission before then. Good luck and happy investing.
The averages of all predictions were pretty close for the GOLD:
Median 1125
Average 1138
Actual 1169
The rest of the averages were wildly pessimistic with a few notable exceptions!
Please enter your guesses or forecasts for the values on Dec 31, 2017 in the following format:
DOW:
TSX:
GOLD:
OIL:
CAD:
with the dollar amounts in USD. The index is just a number.
Deadline for entry is January 16th at 9:30 am EST. Results will be published monthly. If you decide to change your submission, please just edit the original submission before then. Good luck and happy investing.
Last edited by kcowan on 21 Dec 2016 16:37, edited 2 times in total.
For the fun of it...Keith
- scomac
- Veteran Contributor
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- Location: The Gateway to Wine Country
Re: 2017 Predictions Contest
Some nice round numbers to get the ball rolling.
DOW: 20000
TSX: 16500
GOLD: $1350
OIL: $65
CAD: $.80
The best I could do in the absence of a random number generator or a barrel full of monkeys...
DOW: 20000
TSX: 16500
GOLD: $1350
OIL: $65
CAD: $.80
The best I could do in the absence of a random number generator or a barrel full of monkeys...
"On what principle is it, that when we see nothing but improvement behind us, we are to expect nothing but deterioration before us?"
Thomas Babington Macaulay in 1830
Thomas Babington Macaulay in 1830
Re: 2017 Predictions Contest
DOW: 22,000
TSX: 16,500
GOLD: 990
OIL: 65
CAD: 0.78
Wildly and blindly chucking darts at a wall
*Scout's honour that I didn't even look at scomac's picks until after posting my numbers!
TSX: 16,500
GOLD: 990
OIL: 65
CAD: 0.78
Wildly and blindly chucking darts at a wall
*Scout's honour that I didn't even look at scomac's picks until after posting my numbers!
Re: 2017 Predictions Contest
Generally a bullish forecast, oil up = CAD up, inflation up = gold up,
DOW: 21,000
TSX: 15,750
GOLD: 1250
OIL: 66
CAD: 0.81
DOW: 21,000
TSX: 15,750
GOLD: 1250
OIL: 66
CAD: 0.81
"Everybody has a plan until they get punched in the face." Mike Tyson
Re: 2017 Predictions Contest
Dow: 18,500
TSX: 16,750
Gold: 1,175
Oil: 60
Cad? .78
TSX: 16,750
Gold: 1,175
Oil: 60
Cad? .78
Re: 2017 Predictions Contest
DOW: 27000
TSX: 21000
GOLD: 850
OIL: 75
CAD: .60
Good Luck to Y'all
TSX: 21000
GOLD: 850
OIL: 75
CAD: .60
Good Luck to Y'all
Re: 2017 Predictions Contest
DOW: 17,900
.TSX: 14,600
GOLD: $1,270
...OIL: $59
CAD: $0.75
ADDED:
Nice 2016 re-cap from Art of Boring.
http://artofboring.com/twas-the-week-before-christmas/
.TSX: 14,600
GOLD: $1,270
...OIL: $59
CAD: $0.75
ADDED:
Nice 2016 re-cap from Art of Boring.
http://artofboring.com/twas-the-week-before-christmas/
Re: 2017 Predictions Contest
DOW: 22,000
TSX: 17,000
GOLD: $1,150
OIL: $68
CAD: $0.84
This is tough year to predict (unlike the others ). I suspect a Trump bump might last the year but I also get the sense that a significant crash is in the cards within the next 2 years.
TSX: 17,000
GOLD: $1,150
OIL: $68
CAD: $0.84
This is tough year to predict (unlike the others ). I suspect a Trump bump might last the year but I also get the sense that a significant crash is in the cards within the next 2 years.
If life seems jolly rotten, then there's something you've forgotten -- and that's to laugh and smile and dance and sing. - Eric Idle
Re: 2017 Predictions Contest
DOW: 2252
TSX: 1650C
GOLD: 1150
OIL: 67
CAD: 72
TSX: 1650C
GOLD: 1150
OIL: 67
CAD: 72
I don't intend to offend anyone, that part is just a bonus.
Science flies men to the moon. Religion flies men into buildings.
Science flies men to the moon. Religion flies men into buildings.
Re: 2017 Predictions Contest
Did you mean 22520 for the Dow? Or are you predicting shock and horror?kumquat wrote:DOW: 2252
TSX: 1650C
GOLD: 1150
OIL: 67
CAD: 72
I guess since I'm here now I might as well add some predictions too.
DOW: 22711
TSX: 13126
GOLD: 1000
OIL: 48.14 (I used west Texas oil, is that the right one?)
CAD: .794
I know these predictions make no sense, but that's what the random number generator told me to do!
Re: 2017 Predictions Contest
DOW:21,000
TSX:16,350
GOLD:1150
OIL:57
CAD: 0.72
TSX:16,350
GOLD:1150
OIL:57
CAD: 0.72
-
- Contributor
- Posts: 121
- Joined: 15 Apr 2011 14:12
- Location: Ottawa
Re: 2017 Predictions Contest
DOW : 21250
TSX: 16400
Gold: 1335
Oil: 58.00
Can$: 0.765
TSX: 16400
Gold: 1335
Oil: 58.00
Can$: 0.765
Re: 2017 Predictions Contest
I think my typing needs improvement, you nailed it. I think i screwed up TSX as well, 16500Spudd wrote:Did you mean 22520 for the Dow? Or are you predicting shock and horror?kumquat wrote:DOW: 2252
TSX: 1650C
GOLD: 1150
OIL: 67
CAD: 72
I guess since I'm here now I might as well add some predictions too.
DOW: 22711
TSX: 13126
GOLD: 1000
OIL: 48.14 (I used west Texas oil, is that the right one?)
CAD: .794
I know these predictions make no sense, but that's what the random number generator told me to do!
I don't intend to offend anyone, that part is just a bonus.
Science flies men to the moon. Religion flies men into buildings.
Science flies men to the moon. Religion flies men into buildings.
Re: 2017 Predictions Contest
My first time. Here's hoping for beginners luck.
DOW: 20,700
TSX: 16,700
GOLD: 1170
OIL: 70
CAD: 0.70
DOW: 20,700
TSX: 16,700
GOLD: 1170
OIL: 70
CAD: 0.70
Re: 2017 Predictions Contest
DOW: 19250
TSX: 16,00
GOLD: 1300
OIL: 52
CAD: 0.74
TSX: 16,00
GOLD: 1300
OIL: 52
CAD: 0.74
Re: 2017 Predictions Contest
Yes.OIL: 48.14 (I used west Texas oil, is that the right one?)
I know these predictions make no sense, but that's what the random number generator told me to do!
But the random number aspect will remove any satisfaction with a win!
It will take some luck. No bias towards beginners.Koogie wrote:My first time. Here's hoping for beginners luck.
For the fun of it...Keith
Re: 2017 Predictions Contest
Indeed, I did consider that, but went with it anyways. I don't feel bright enough to predict it myself! And if I win by some crazy chance, it will at least be entertaining.kcowan wrote:Yes.OIL: 48.14 (I used west Texas oil, is that the right one?)
I know these predictions make no sense, but that's what the random number generator told me to do!
But the random number aspect will remove any satisfaction with a win!
Re: 2017 Predictions Contest
DOW 21900
TSX 17075
GLD 1275
Oil 62
CAD .83
TSX 17075
GLD 1275
Oil 62
CAD .83
Live like you are dying but invest like you are immortal.
"Men do not quit playing because they grow old ; they grow old because they quit playing" Oliver Wendell Holmes
"Men do not quit playing because they grow old ; they grow old because they quit playing" Oliver Wendell Holmes
Re: 2017 Predictions Contest
DOW: 18600
TSX: 14000
GOLD: 1375
OIL: 46
CAD: .66
TSX: 14000
GOLD: 1375
OIL: 46
CAD: .66
Re: 2017 Predictions Contest
DOW: 21,880
TSX: 13,780
GOLD: $1,028
OIL: $55
CAD: $0.67
TSX: 13,780
GOLD: $1,028
OIL: $55
CAD: $0.67
Re: 2017 Predictions Contest
DOW: 18,888
TSX: 17,888
GOLD: $1,488
OIL: $88
CAD: $0.88
TSX: 17,888
GOLD: $1,488
OIL: $88
CAD: $0.88
finiki, the Canadian financial wiki
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
Re: 2017 Predictions Contest
Dow 21100
TSX 16800
Gold 1325
OIL $60
CAD .78
TSX 16800
Gold 1325
OIL $60
CAD .78
-
- Veteran Contributor
- Posts: 4523
- Joined: 06 Mar 2014 12:52
- Location: Retired Gen Xer somewhere on the planet earth
Re: 2017 Predictions Contest
It's interesting to see such a wide range for the value of the Canadian dollar!
Re: 2017 Predictions Contest
I predict
DOW: 21800
TSX: 17000
GOLD: 1150
OIL: 55
CAD: 0.72
DOW: 21800
TSX: 17000
GOLD: 1150
OIL: 55
CAD: 0.72
“Do not follow where the path may lead. Go instead where there is no path and leave a trail” Ralph Waldo Emerson
- LadyGeek
- Veteran Contributor
- Posts: 1975
- Joined: 26 Oct 2011 16:51
- Location: Philadelphia, PA
- Contact:
Re: 2017 Predictions Contest
I assume it's the prices quoted here: Yahoo Finance
DOW: 21,201
TSX: 16,789
GOLD: 1,234
OIL: 56.78
CAD: 0.7890
I recommend using the same precision as kcowan uses in his spreadsheet. It's a close contest, the extra places are needed to avoid a tie.
OIL is to 2 decimal places (56.78), CAD to 4 (0.7890).
DOW: 21,201
TSX: 16,789
GOLD: 1,234
OIL: 56.78
CAD: 0.7890
I recommend using the same precision as kcowan uses in his spreadsheet. It's a close contest, the extra places are needed to avoid a tie.
OIL is to 2 decimal places (56.78), CAD to 4 (0.7890).
finiki, the Canadian financial wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.