the price of gold stocks in january 2012, page-79

I doubt it will be the average joe buying gold that pushes up the price. There is the potential for countries to start buying gold or increasing their positions, China may want to take a larger position after reducing their exposure to US related securities (they may already be doing so). If the GCC currency is finalised they may want gold reserves or the currency could be backed by gold. There is also rumour of Russia/BRIC gold based currencies, no doubt started by gold bugs, but nonetheless possible.

I'm not saying any of these scenarios are going to happen for sure, but there is the possibility.

This is ontop of a gold price which will also be fueled by high inflation (maybe not this year).