Gold Powers To 12th Yearly High Close

Here are the year-end gold closes:

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 — $889.00
2009 — $1096.50
2010 — $1421.40
2011 — $1566.80
2012 — $1658.40 $1,675.80

In 2010, I predicted Gold would go up for the 11th straight year to $1,704!. It overshot my target by reaching $1,920. While it finished soft at $1,564.80, I predicted we will trade at least as high as $2,000 in 2012. Gold saw a high of only $1798.10 in 2012, but the year end close finished at $1658.40 $1,675.80. That close is the 12th year in a row that Gold finished the year higher than the previous year. That’s a gain of 5.8% 7.0%!

I predict for 2013, Gold will break the old high of $1920 set in 2011 and power our way to $2300 and finish higher for the 13th year in a row.

UPDATE: I was fooled. I thought the last day of trading for 2012 was Friday. That’s why the changes. Gold finished today up $19.50!

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