Gold headed to $5,000 per ounce

Willem Weytjens finds eerie similarities in the gold price action from the period running up to 1980 and now: ``How high do you think the correlation between both periods is (measured on a monthly basis)? That's right, an astonishing 97,83%! So what would be a price target for gold, based on the 1981 intraday high of $873 per ounce if the correlation would hold? That's right, $5,000 per ounce...''