Gold Price Supported by Seasonal Strength

by: Prieur du Plessis

As shown in the chart below, November through February are typically strong months for gold bullion. The yellow metal has since 1970 risen 54% of the time in November, 45% in December, 50% in January and 59% in February.

Click here or on the graph below for a larger image:

Source: Plexus Asset Management.

Also, Frank Holmes of U.S. Global Investors explains in the video clip below how emotional thoughts about gold in China and India affect the price of this precious metal.

Click here or on the image below to view the video.

Source: AdvisorTV, December 10, 2010.