The Gold Phenomenon.

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Edgy

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The Gold Phenomenon.

posted on Dec 02, 2009 09:19PM

I have posted the following on a couple of gold and silver forums but it almost as much applies to this forum and it's precious metals interest.

Gold peeked over $1225 a short while ago, but as we concentrate on it's price consider this:

Gold's rate of rise in price.
In recent years ( this century) average rise has been about $20 per month.
Just recently it was about $5 per day, Now for month of November:

Nov2 = ~$1060
Dec2 = ~$1225
==============
30 days = +$165 > $5.5/day.

The rate of rising is RISING!
At this rate, should it continue, gold price by end of year will be almost $1400.

The phenomenon of late 1970s is upon us.

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