The conspiracy theorists out there will insist that the central banks of the world will do everything in their power to ensure that gold never again holds an important position in the global financial system. As to that, I have no opinion, what I can say is that there is a hell of a fight going on for domination between the bulls and the bears around the $1k mark. A trader friend of mine, who I respect a lot and who is swayed by numbers alone, thinks that the bulls will win this fight easily and that the sellers will eventually be put to the sword.