I was quite astonished how bullish Jeff Christian (CPM Group) recently talked on FSN. He sees a potential for $1,600 by January (then $1,350 by March, he said he had talked to Jim Sinclair about this). For silver he could see $30 by Jan. (or at least $25, IRRC), then $17-$18 by March. He compares this to the blow-off in 1980, which is somewhat ridiculous and shows that he has no clue of how expensive gold is in relative terms.