Each year, would-be buyers come out of hibernation first: search behavior starts to pick up in January, reachingitspeak in March and remaining strong through August.
As a sign of how quickly the recent gains have come, the Dow first cleared the 14000 level in July 2007, as the housing-fueled stock rally was reachingitspeak.
Since reachingitspeak price during the fall of 2011, the gold ETF GLD has declined in the neighborhood of 28%, and was even lower before a bounce off of lows early in the week.