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  • Michael Lee
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  • August . August 2012 . Business . Gold as an investment . Investing . Precious metal . Price level . Support and resistance .

The $1,650.00 price level has proven to be a significant one for gold over the past year. In the summer months of 2012, while below this price level, the precious metal found strong resistance at this level, failing to break above it until late August, 2012. But since climbing above $1,650.00 last August gold has, once again, used this level as strong support. The precious metal has flirted with this support level a few times in the past two months…

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  • Michael Lee
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  • Business . Consumer price index . Gold . Gold as an investment . Inflation adjustment . Kitco.com . Precious metal . Silver . Time .

Gold and silver appear to be making their long-awaited comeback from their Q4 2011 fall. But do they have enough left in the tank to continue toward, and possibly surpass, their respective all-time highs? Let's take a look. Many believe that the price of gold and silver increases, historically. These charts, from Kitco.com, show this seemingly obvious long-term uptrend on a 10-year time frame: But as most savvy precious metals investors know, when adjusted for inflation, this picture looks much…

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