*graphics intensive - please be patient

The Gold Bull Market Last Week

January 20, 2012

Past Gold Bottoms: 1976, 1982, 1985, 1993

Charts And Data

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	Jan-20-12	Result	Percent
$US Gold	$302.20	$1664.00	+$1361.80	+450.63%
$US Index	118.91	80.40	-38.51	-32.39%
Dow	10427	12720	+2293	+21.99%

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	Jan 20	Result	Percent
$US Gold	$278.40 (1/24)	$1664.00	+$1385.60	+497.70%
$US Index	120.59 (1/31)	80.40	-40.19	-33.33%