Gold $2000/oz in early 2012 says Michael Purves

"There's a technical or trading bull case for gold and a fundamental bull case for gold," says Michael Purves, chief market strategist at BGC Partners, he foresees gold at $2000 an ounce before March 2012 , although he prefers gold mining stocks "If you put gun to my head, I'd have to go with the GDX long term," he explains. "Gold is good and GDX is better." he added