A clicking noise is coming from the rear of my car. (89 formula). It is there during acceleration, braking and costing. It sounds exactly like a bicycle not being pedaled but still moving. When i go faster, the clicking noise gets faster (vice versa).

I thought it might possibly be a bearing...

Suggestions, advice, ect?

 

rearend gears somthing with the brakes. do your wheels have caps could be lug nut fell off. rear discs? warped rotor. lots of things.. how loud is it?

 

If your wheels have center caps, remove them and torque the lug nuts. Leave the center caps off and test drive.
If the noise is still there, get the car safely up in the air and check the front and rear universal joints on the driveshaft. If there is any sign of rust colored powder coming out of them, replace them. (requires precautions)
While you're looking at the rear one, check the nut in the center of the rear yoke for signs of oil leakage. These frequently need to be retorqued. (requires special provisions)