It's known that  
$${2\over\pi} = {\sqrt{2}\over 2}{\sqrt{2+\sqrt{2}}\over 2}{\sqrt{2+\sqrt{2+\sqrt{2}}}\over 2}\dots$$  

By the same argument the following series converges, with $\phi$ the golden ratio  
$$S = {\sqrt{1}\over\phi}{\sqrt{1+\sqrt{1}}\over\phi}{\sqrt{1+\sqrt{1+\sqrt{1}}}\over\phi}\dots$$  

Is there a closed form expression for $S$?