The Gold Bull Market Last Week

October 23, 2009

Past Gold Bottoms: 1976, 1982, 1985, 1993

ARCHIVES: 2009 - 2008 - 2007 - 2006 - 2005 - 2004 - 2003 - 2002 - 2001

Charts And Commentary

Daily Bar Chart
10 and 20 day MA

Weekly Bar Chart
20 and 40 week MA

$US 2.00 x 3 P&F Chart
Based on Closing prices Point and Figure

The Present Bull Market: Weekly bar chart back to 1996.

Here are the relative performances of $US Gold, the $US Index, and the Dow since Gold broke above $US 300 to stay on March 27, 2002:

Market	March 27-02	Oct-23-09	Result	Percent
$US Gold	$302.20	$1056.40	+$754.20	+249.57%
$US Index	118.91	75.60	-43.31	-36.42%
Dow	10427	9972	-455	-4.36%

Here's another perspective - a comparison between Gold's 2002 low and its present price and the $US index 2002 high and its present "price". All data is on CLOSING levels:

Market	2002 High/Low	Oct 23	Result	Percent
$US Gold	$278.40 (1/24)	$1056.40	+$778.00	279.45%
$US Index	120.59 (1/31)	75.60	-44.99	-37.31%