* “For a lot of fundamental reasons gold is going higher, but this is the first time in a long time that technically the idea of gold going higher also makes a lot of sense. I think $1,200 is a very good initial target for gold,” John Carter, president of Trade the Markets, told CNBC.

* Precious metals are leading the markets in growth over the last year. Since September 2008 gold prices are now up 30% and silver prices have shot up over 60%. Metal prices bottomed last fall and are set to run to historic highs as strong fundamentals attract growth and safe-haven buyers.

* “Stocks capped off their best week since late July with another steady rally on Friday as the bulls’ continue their relentless advance towards Dow 10,000. Led by the rallying consumer staples sector, the markets ended at their highest levels since last fall,” reports FoxBus.

* The gold/dollar tsunami: “The last ‘rich man’ on the planet, China, is moving its wealth to the traditional storehouse of wealth, gold. It has been more than 40 years since governments and individuals were concerned about physically holding gold. Today China, the largest producer of gold in the world, and largest foreign holder of physical dollars, wants its gold within arms reach. The price of gold is virtually unstoppable as it moves to $1,110 and then to $1,250 as the dollar index moves first to 72 and then to 67,” reports BusMirror.