"The bottom line is gold’s quest for $1000 is nearing...

"The bottom line is gold’s quest for $1000 is nearing fulfillment. Not only are its fundamentals very bullish (including big inflation coming), but for the first time ever its technicals support such a move. $1000 is no longer overextended or overbought, but actually within multi-year and multi-month trends. It won’t require much buying by traders to push it over $1000 now, and $1000 won’t feel excessive given gold’s high base.

And gold $1000 is not just a curiosity, but a potential major driver of large new investment demand. Big round numbers are widely reported, which drives interest among a far greater population of investors. $1000 could even prove, in retrospect, to be the point when gold investment started growing desirable among average mainstream investors. It is a critical psychological milestone with very bullish implications."

Full article by Adam Hamilton at http://www.zealllc.com/2009/gold1000.htm