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Chart of the Day
Gold has been in a strong bull market since 2001 and picked up the pace in mid-2005 and then again in mid-2007. In fact, gold has gone parabolic and today briefly crossed the $1000 per ounce level for the first time. Today's chart illustrates how the price of gold has nearly quadrupled during its seven year bull market.
Notes:
- Does the gold rally continue or is the party over? The answer may surprise you. Find out now with the exclusive & highly regarded charts of Chart of the Day Plus.
Source - London Market
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Quote of the Day
"O gold! I still prefer thee unto paper which makes bank credit like a bank of vapour." - Calvin Coolidge
Events of the Day
March 17, 2008 - St. Patrick's Day
March 20, 2008 - First day of Spring (Northern Hemisphere)
March 21, 2008 - Good Friday
March 23, 2008 - Easter
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