Do not be distracted by media hype over gold's recent price correction
or talk about a new gold "bubble". Instead, keep your eyes on the
facts and your focus on the fundamentals. The 10-year gold
chart illustrates eight major gold price corrections in this bull market since 2003:

1. 2003 - Gold at $382 dropped to $319 (-16%)
2. 2004 - Gold at $425 dropped to $375 (-13%)
3. 2005 - Gold at $536 dropped to $489 (-9%)
4. 2006 - Gold at $725 dropped to $560 (-22%)
5. 2007 - Gold at $841 dropped to $778 (-8%)
6. 2008 - Gold hit $1002 on Mar 17 then dropped to $746 on 9-11-08 15 (-25%)
7. 2009-10 - Gold hit $1215 on Dec 7th then dropped to $1,060 on 2-4-10 (-14.6%)
8. 2010-11 - Gold hit $1,425 in Dec. 2010, then dropped to $1,315 on 1-27-11. (-8%)

Following each of the last EIGHT major corrections, gold prices have
risen an average of 36%.