Happy New Year! The Gold Bull Market is Not Over!!

Posted: December 31, 2011 in Current Events, Financial Survival, Gold, Precious Metals

Happy New Year to you all and your families.  Going into to 2012 do not panic about the end of the bull market for gold.  Here is a quick snapshot of spot price quotes over the last ten years.  Ask yourself does this look like a bubble?  Based on these prices is there any indication the gold bull market is over? 

Last day of the year quotes for gold.

2000 — $273.60

2001 — $279.00

2002 — $348.20

2003 — $416.10

2004 — $438.40

2005 — $518.90

2006 — $638.00

2007 — $838.00

2008 — $889.00

2009 — $1096.50

2010 — $1421.40

2011 — $1566.80

By the time this bull market is over, it may be considered the biggest transfer of wealth the globe has ever seen.  The world will continue to move out of fiat currencies and into sound money.  The globe will continue to move out of paper gold and silver, into physical gold and silver.  These two facts will only accelerate in 2012. 

Enjoy yourself tonight and continue to focus on accumulation next year

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