Silver Price Survey Results

I have changed the name from Contest to Survey as I think that more accurately represents what this Contest/Survey is about. Whether it is a Contest or Survey, I would like to make it as statistically accurate and as non-bias as I know how. I ask everyone to please make your weekly Entry BEFORE looking at previous weeks results so as to not influence your entries. I think the more entries we get, the more accurate and interesting this Contest will be. Please SPREAD THE WORD!

I think the Results Table below is fairly self-explanatory. The dates under the Target Price are the average Target Date of the entries for the given week. The following column is the number of entries for the given Target Price.

Week End DateWeek #$35 Target Date# of  Entries
2/13/202114/30/202130
2/20/202124/13/202120
2/27/202137/3/202113
3/6/202147/7/20215
3/13/202158/10/20213
3/20/202168/12/20213
Overall Average —>5/19/202174
Week 6

Week 6: Not many entries again and the projected $35 target date has crept up a little. I am going to do some promo on Reddit this week and see if we can get some more interest in this survey.

Week End DateWeek #$35 Target Date# of  Entries
2/13/202114/30/202130
2/20/202124/13/202120
2/27/202137/3/202113
3/6/202147/7/20215
3/13/202158/10/20213
Overall Average —>5/16/202171
Week 5

Week 5: I did find an error in my calculations for Week 4 and have corrected that in this weeks results. I did not do any promoting this week on Reddit and only got 3 entries. I do appreciate the dedication on those entrants! I continue to think that this Survey will become much more popular and relevant once silver starts moving higher and/or hits $35/oz.

Week End DateWeek #$35 Target Date# of  Entries
2/13/202114/30/202130
2/20/202124/13/202120
2/27/202137/3/202113
3/6/202145/11/20215
Overall Average —>5/8/202168
Week 4

Week 4: The number of participants has fallen again and maybe I’m not “pushing” it enough and/or people are losing interest. I encourage all that are reading this to continue participating in the Survey. As I said last week- I am hoping that the survey comes close to predicting $35 and that should gain some momentum for the next target price.

Week End DateWeek #$35 Target Date# of  Entries
2/13/202114/30/202130
2/20/202124/13/202120
2/27/202137/3/202113
Week 3 Overall Average —>5/8/202163
Week 3

Week 3: The number of participants has fallen some each week. When I began this survey I was hoping to get 50+ entries per week, with the number increasing each week. That has not happened. I urge ALL who have entered to enter EACH week. There have only been a few that have entered more than once. We won’t know how well this “silver crowd wisdom” is working until silver does hit $35/oz and then how close we were in predicting. This week the Target Date prediction is further out than last week.

Week End DateWeek #$35 (USD) Target Date# of  Entries
2/13/202114/30/202130
2/20/202124/13/202120
Week 2 Overall Average –>4/23/202150
Week 2

Week 2: This week I have collected the entries for the $35 Target Price only. I have changed the name from Contest to Survey and collected entries directly from Reddit and Twitter. Of course you can also use the easy to use Entry Form. I wanted to make the Survey easier to participate in and understand. So, now you can just reply to one of my Silver Price Survey Reddit or Twitter posts with a date that you predict silver will hit $35. When $35 is hit then the Survey will work on predicting $50. Please make a note on your calendar to participate in this Survey weekly (Sun – Sat) and tell your friends and family about it. I think the more entries, the more accurate the date projections will be.

Week 1: This is the first week of this Contest and I am excited about the results. Hopefully, we will have more entries as time goes on, but I think this is a good start and I find the results interesting. You may be wondering about the disparity in the number of entries between the $35 and other 2 Target Prices. A couple of my posts about this Contest on Reddit were not clear and I had several people just reply to my post and they made guesses for the $35 target only. Where it was clear what they were guessing I did include their guesses in the Week 1 tally.