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Message: The gold phenomenon.

The gold phenomenon.

posted on Dec 02, 2009 08:59PM

Gold got over $1225 a short while ago, but as we concentrate on it's price consider this:

Gold's rate of rise in price.

Recent years ( this century) average rise has been about $20 per month.
Just recently it was about $5 per day, Now for month of November:

Nov2 = ~$1060
Dec2 = ~$1225
==============
30 days = +$165 > $5.5/day.

The rate of rising is RISING!
At this rate, should it continue, gold price by end of year will be almost $1400.

The phenomenon of late 1970s is upon us.

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