Very cool experiment closest guesser I will mail a silver dime! please give a guess!

SilverForBrains

Bronze Member
Feb 1, 2012
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Hi all, It's been documented that the masses are often right in a way that no individual can be. For example, this was tested out by having an entire town guess the weight of a cow. No individual got the weight correct, but the average of the 1600 townpeople's guesses was nearly exactly the weight of the cow. I want to try this with CRH's forecasting the value of silver. What do you think the price of silver will be in exactly 1 month? So we are talking March 28th, at 1:25PM. I will take the average of all answers and compare them to individual answers. Whoever is the closest I will mail a silver dime of my choosing, on my honor. However, the trick is you must also beat the average! If I'm right and this works, I get to keep my dime. IF I'm wrong and an individual beats the average, I will mail it immediately. Guess to the nearest cent, if you say something like $17, I will assume you mean 17.00

By the way, all answers must be received within one week to count!
 

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19.79 <<<< My Birth year :occasion14:

WINNER!!!! very nice man :occasion14: within 1 cent. pm me with your address

total # of guesses: 103
average guess: 22.28
actual silver price at 1:28PM March 28th 2014: $19.78

2nd place: forgetaboudit (19.85), 3rd place: BigWaveDave (19.70), 4th place: ckm91337 (19.87)

Most optimistic: $65.96: Maverick!
Least optimistic: jimmy forgotten: $16.76

Thanks everyone who participated :occasion14:. as a whole the experiment didn't work, you all are too optimistic about silver prices! Maverick especially you man!!! hahaha
 

Nice little raffle/game/experiment! Guess I should have went with my birth year as well... would have at least came in 2nd place!
 

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