This from Bill Carrigan, In David Pescods Letter May4/11:

So bottom line we ask him about the different commodities

to be playing on the bounce back up. First of all

gold—he suggests later this year, we are probably going

to see about $1800. “There is a chance that the peak

could be as much as $2000” he says, so many of those

beaten up gold stocks might be looking cheap...provided

of course, you can look at it out of eyes not filled with

fear, but potentially replaced by greed.