2010 Economic Predictions

http://www.freeibe.org/prediction/

Submit 2010 economic predictions for a chance to win a silver eagle.

Category:

Film & Animation

Tags:

• gold
• peak oil
• silver
• economic collapse
• peter schiff
• ron paul
• austrian economics
• dollar
• crisis
• crash
• dollar index
• dow
• sp500

[djtohkee]

pm me if u change your system so i can participate in your game.

[jdouche]

If you guess 0 for all the answers you will get a 1 for each guess. This is the formula.

[(Real Answer + Absolute Value of |Real Answer - Your Prediction|) / Real Answer] - 1

If the real answer is 10 and you guess 0, then you get: [(10 + |10 - 0|) / 10] - 1

[20/10] - 1

2 - 1 = 1

[jdouche]

If you guess 0 for everything, someone can beat you by guessing .00001 for everything.  That person would get beaten by someone who gets closer to the real answers. You cannot do strait price or else the interest rates are insignificant and the DOW is way too heavily weighted.

[tesskansas]

I keep looking for more videos. You must be busy. Your work is very enjoyable.

[jdouche]

Thanks. I haven't thought of anything lately, but I'll probably come up with something at the end of the year.

[jdouche]

Everything will be priced in dollars and is based on the closing price at the end of 2010.

[tesskansas]

I keep checking to see if you have any new animated videos. You are good at it.

I tried to download the text-to-movie web link you provided, but it was over my head. I think it is on my harddrive, but can figure how to get it to function. Oh well.

Thanks for doing the contest. I sort of expected a couple hundred would be participating. Their loss.

[icurhuman2]

This is too easy... Commercial Real Estate bust by the second quarter... Energy crunch by June - oil prices will go through the roof... U.S. dollar will dive as the second wave of the financial collapse brings hyperinflationary pressures through further bank bailouts and the printing of more fiat dollars. Foriegn investment will dry up as soveriegn central banks stop buying U.S. treasuries in favor of other currencies and gold. Gold will rise to unimagined heights. All markets fall - a long way.

[djtohkee]

if you want to make game more accurate just make it simple,

difference of real price and guess and add all the difference up. the person closest to zero wins.

[djtohkee]

with that said i would be better off if i guessing 0 0 0

[djtohkee]

i think your math calculation is wrong. under your system if i enter 0 for all values i'm guaranteed a score of ".5" and due to the crashing dollar i think its going to be hard to come near what stuff will be worth.

[tesskansas]

Hope you don't mind some ideas- address the question of gold vs. silver, or both..... Is there a love affair between the two - Feb. 2010? It would be fun to see a video that summarizes some of the contest extremes (once that is available). Your story lines are unique!