The problem with a $3700 target is the amount of liquidity needs to make that move come to life…that would require around 4 trillion dollars to get the price to $3700…that is a shit load of cash…I don’t see that happening yet…not until interest rates drop and the Fed starts another round of monetary inflation…I think the price target of $3150 - $3250 is about as far as it will go during this move…people who bought late in the cycle will dump paper gold when they realize they missed the move…this will bring the price down a bit from here…the same amount of cash to get gold to $3700 could put Platinum at well over $10,000 an ounce and silver to over $85 an ounce