I just got off the phone with Lind-Waldock. They have confirmed for me that the official Comex closing price for today in the May11 silver contract is $46.06.
This means that the winner of the autographed, Big Yellow Hat is...........
Mr. Smoke had a guess of 46.08 so he barely beat out R Man J at 46.00. The official spreadsheet can be viewed here:
Mr. Smoke (may I call you Monkey?), please email me at firstname.lastname@example.org with the address to which I can send your prize.
This was great fun. I'm very pleased that so many participated and that I rescued my minimal reputation by only missing by $0.25. Have a great rest of the day. This being the final trading day of the week, it should surprise no one that silver is trading higher on the Globex. This has been the case for about 6 or 7 weeks now. Maybe we can see $46.50 and onto new highs before they shut things down later this afternoon. I'll have a full weekly summary either later this evening or tomorrow. TF out.