In May 2012 Gold was at 1535.40 and AUMN was at 3.34, GPR 1.53, EDR 7.34, SPM .83, FR 12.26.

Today Gold at 1650 AUMN 3.22, GPR 1.45, EDR 6.77, SPM .84, FR 17.95.

In 2008 when crude was at 145 per barrel I paid 3.60 a gallon in the midwest. Today with 97 per barrel I am paying 3.60 a gallon.

We are going very likely to test the Jan 4 level of gold at 1626 again as the contract volume has increased on the way down. This could be the second test of the 1626 level. On the other hand the equities are breaking swing lows but without volumes warranting these breaks as true confirmations. Something should give us a clue shortly.

For those of you that follow fibanacci a 1:1 pattern from the Sept 5 high of 1920 to it's lows brings us to 1626. A 1:1.382 =1582 and a 1:1.618 =1552.