Tim Seymour mentioned that Central Banks increased their gold reserves by 30-40% YoY. Read "China Should Consider Increasing Gold Reserves, Central Bank Adviser Says" (Bloomberg). See the CNBC Fast Money video after the jump (hat tip pragcap.com).
GLD (SPDR Gold ETF) - Stockcharts.com
He wrote an article about this prediction at Thestreet.com: Kass: Two New Surprises for 2011