About gold, the Adens note that "gold's peak in 1980 at $850 is the equivalent of about $2400 in current dollars. Gold has not even approached that level yet and the situation is far more serious now than it was then."

They conclude:

"The focus now is on the next phase of the current rise. If we continue to use proportions, the bull market's second rise from 1976 to 1980 gained 750%. Using the same growth and applying it to the current bull market, we could see gold eventually reach $4100 during the next run-up. And if you take the entire bull market gain in the 1970s at 2300% and extrapolate, then $5800 would be the equivalent upside target."

http://www.marketwatch.com/story/after-a-good-decade-5800-gold-2009-10-08

Souldn't that drive silver over $100? U betcha!!