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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (100504)	12/26/2008 3:23:24 PM
From: orkrious	5 Recommendations Read Replies (1) \| Respond to of 110194

An interesting tidbit rom Richard Russell As subscribers know, I have a special interest in gold. Recently, I posted a series of year-end gold prices. Since the year 2000 gold has closed higher on the last day of December than the prior year's close. To refresh your memory, I'm posting the list again below. Note that 2007 closed at 838.00. Yesterday, spot gold closed at (KITCO numbers) bid 839.90, asked 840.70. Gold must close above 838.00 to continue the bullish series. Can it do it? There are large interests that would love to see the bullish series in gold broken. This is their chance to do it. Gold is at a spectacular junction. No wonder I find this business so fascinating. Not one person in 10,000 knows what I'm referring to when I talk about gold closing the year above or below 838.00! Nor do they know the extreme importance of the Dow level 7470. And the answer to these two items could have a major impact on the economies of the world. 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 -- ?