Michael Shaoul - Gold to $1000 ?

A number of commentators point to support for gold around $1000.

A good interview with Michael Shaoul here to consider comparisons to other markets and more.

. And what happens in a period of underperformance of that degree in asset class which people were really in love with beforehand is that it takes a very long time until people really give up on it. So the people who were very bullish about gold a year ago have stopped seeing any weakness as a buying opportunity.

If we recall Peter Brandt saw similar support

And Larry Edelson considers potentially falling that low.

And Gold Scents blog has been suggesting a near $1000 target for a while though more recently suggested a bottom was made.