Sorry but I do not see Gold at $1200 by April... Dow is at 9-10 year lows, so if Gold is to break the $1200 level by April, you are implying major FEAR in the markets and DOW breaking its support to 6000's with almost no support to the 4000's and thus erasing 20 years worth of gains... A LONG SHOT!
If anything I see Dow going back to 9-10k by Summer.
So instead of riding the overplayed fear sentitment in the markets and investing in gold one should be concentrating on undervalued sectors at this time and not propogate the cycle by buying into the mass hysteria that was engineered in the first place.
Comparing to the gold sector, what are the resources that are currently undervalued and bound to rebound in the comign age of inflation?
Let me see...
Agriculture, Oil, Uranium, Alternative Energies...