When Gold First Hit $1,000 in 2008

When gold first hit $1,000 per oz and had resistance at $1,032 per oz on March 17, 2008, gold was valued at 4.06% of M2 Money Supply Per Capita.

When gold finally broke through its $1,000 per oz resistance in late-2009, it immediately exploded to $1,226 per oz or 4.43% of M2 Money Supply Per Capita on December 3, 2009.

When gold hit a high on September 5, 2011, of $1,895 per oz it was worth 6.23% of M2 Money Supply Per Capita.

Current M2 Money Supply Per Capita is $61,564.80.

Gold's initial $1,032 per oz resistance level from March 17, 2008, at 4.06% of M2 Money Supply Per Capita is today equal to $2,500 per oz.

The price gold exploded to after breaking this resistance on December 3, 2009, of 4.43% of M2 Money Supply Per Capita is today equal to $2,727.32 per oz.

Gold's September 5, 2011 high of $1,895 per oz or 6.23% of M2 Money Supply Per Capita is today equal to $3,835.49 per oz.