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Paper Topic:

the effects of gold/DJIA prices on the world.

One of the most intriguing patterns in the current bull market in god has to do with the annual buying opportunity which crops up in depths of the summer doldrums

As the prices of gild hit a 20 year old low , diehard gold buyers are rushing in to buy the precious metal as a hedge against the day the bear walked from his prolonged hibernation on Wall Street

Looking at the last trends , it is seen that the gold is already posting a sizable gain for the year ending . The percentage gain or

loss for each month can be determined based on the difference between the closing price in the present month and prior month

Closing monthly gold prices for the year 2008 were as follows

July- 918 .00 . aug-833 . sep-884 .5 . oct- 730 .75 nov-814 .5

Percentage loss or gain for the month

July-1 .32 . Aug-9 .26 . sep-6 .68 . oct-17 .38 nov-12 .46

From the data above , gold typically experiences its worst month in October , which is certainly held true for the year . This experienced a lower price of about 756 .25 USD . Per troy and a percentage loss of 17 .38 compared to September

On the other hand it experiences its strongest month in September where posed the highest price of 884 .50 USD per troy and a percentage gain of 6 .18 percent . The data shows that November is also a recovery month from the loss with a high price of 820 .00 USD and percentage gain...

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