Monday, December 3, 2007

100 Months So Far

1.12.07
In August 1999, more people were focused on the announcement from the Bank of England that it would be selling one-half of the UK's gold reserve than the opportunity that news presented to buy gold when it was unbelievably cheap. Gold closed that month at $255.80, and it has been rising ever since. Here we are now exactly 100 months later with gold closing November at $782.20, a three-fold increase.
http://goldmoney.com/en/commentary.php#current