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140 analysts maintain that gold will eventually reach a parabolic peak price of at least $3,000/ozt. before the bubble bursts of which 100 see gold reaching at least $5,000/ozt., 17 predict a parabolic peak price of as much as $10,000 per troy ounce of which 12 are on record as saying gold could go even higher than that. Take a look here at who is projecting what, by when and why. Words: 676
By Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) Please note that this complete paragraph, and a link back to the original article*, must be included in any article posting or re-posting to avoid copyright infringement.
12 Analysts See Gold Price Going to +$10,000
- DoctoRX: $20,000 (by 2020);
- Mike Maloney: $15,000;
- Ben Davies: $10,000 – $15,000;
- Howard Katz: $14,000;
- Jeffrey Lewis: $7,000 – $14,000;
- Jim Sinclair: $12,455;
- Goldrunner: $10,000 – $12,000;
- Martin Armstrong: $5,000 – $12,000 (by 2015/16);
- Robin Griffiths: $3,000 – $12,000 (by 2015);
- Jim Rickards: $4,000 – $11,000;
- Roland Watson: $10,800;
- Dylan Grice: $10,167
51 Analysts See Gold Price Going Over $5,000 to as High as $10,000
- Arnold Bock: $10,000;
- Porter Stansberry: $10,000;
- Peter George: $10,000 (by 2015);
- Nick Barisheff: $10,000 (by 2016);
- Tom Fischer: $10,000;
- Shayne McGuire: $10,000;
- Eric Hommelberg: $10,000;
- Marc Faber: $6,000 – $10,000;
- David Petch: $6,000 – $10,000;
- Gerald Celente: $6,000 – $10,000;
- Egon von Greyerz: $6,000 – $10,000;
- Peter Schiff: $5,000 – $10,000 (in 5 to 10 years);
- Peter Millar: $5,000 – $10,000;
- Ron Paul: $5,000 – $10,000;
- Roger Wiegand: $5,000 – $10,000;
- Alf Field: $4,250 – $10,000;
- Jeff Nielson: $3,000 – $10,000;
- Dennis van Ek: $9,000 (by 2015);
- Dominic Frisby: $8,000;
- Paul Brodsky: $8,000;
- James Turk: $8,000 (by 2015);
- Joseph Russo: $7,000 – $8,000;
- Bob Chapman: $7,700;
- Tim Guinness: $7,500 (by 2025);
- Michael Rozeff: $2,865 – $7,151;
- Jim Willie: $7,000;
- Greg McCoach: $6,500;
- Chris Mack: $6,241.64 (by 2015);
- Chuck DiFalco: $6,214 (by 2018);
- Jeff Clark: $6,214;
- Urs Gmuer: $6,200;
- Aubie Baltin: $6,200 (by 2017);
- Murray Sabrin: $6,153;
- Adam Hamilton: $6,000+;
- Samuel “Bud” Kress: $6,000 (by 2014);
- Robert Kientz: $6,000;
- Harry Schultz: $6,000;
- John Bougearel: $6,000;
- David Tice: $5,000 – $6,000;
- Laurence Hunt: $5,000 – $6,000 (by 2019);
- Taran Marwah: $6,000+;
- Rob Lutts: $3,000 – $6,000;
- Martin Hutchinson: $3,100 – $5,700;
- Stephen Leeb: $5,500 (by 2015);
- Louise Yamada: $5,200;
- Jeremy Charlesworth: $5,000+;
- Przemyslaw Radomski: $5,000+;
- Jason Hamlin: $5,000+;
- David McAlvany: $5,000+;
- Pat Gorman: $5,000+;
- Mark Leibovit: $3,600 – $5,000+
Cumulative sub-total: 63
37 Analysts Believe Gold Price Could Go As High As $5,000
- David Rosenberg: $5,000;
- James West: $5,000;
- Doug Casey: $5,000;
- Peter Cooper: $5,000;
- Robert McEwen: $5,000; (by 2012 – 2014);
- Peter Krauth: $5,000;
- Tim Iacono: $5,000 (by 2017);
- Christopher Wyke: $5,000;
- Frank Barbera: $5,000;
- John Lee: $5,000;
- Barry Dawes: $5,000;
- Bob Lenzer: $5,000 (by 2015);
- Steve Betts: $5,000;
- Stewart Thomson: $5,000;
- Charles Morris: $5,000 (by 2015);
- George Maniere: $5,000 (by 2015);
- Marvin Clark: $5,000 (by 2015);
- Eric Sprott: $5,000;
- Nathan Narusis: $5,000;
- David McAlvany: $5,000;
- Standard Chartered: $5,000 (by 2020);
- Bud Conrad: $4,000 – $5,000;
- Paul Mylchreest: $4,000 – $5,000;
- Pierre Lassonde: $4,000 – $5,000;
- Willem Middelkoop: $4,000 – $5,000;
- James Dines: $3,000 – $5,000;
- Bill Murphy: $3,000 – $5,000;
- Bill Bonner: $3,000 – $5,000;
- Peter Degraaf: $2,500 – $5,000;
- Eric Janszen: $2,500 – $5,000;
- Larry Jeddeloh: $2,300 – $5,000 (by 2013);
- Larry Edelson: $2,300 – $5,000 (by 2015);
- Luke Burgess: $2,000 – $5,000;
- Robert Lloyd-George: $5,000 (by 2014);
- Heath Jansen: $2,500 – $5,000;
- Jeff Nichols: $2,000 – $5,000;
- Julian Jessop: $1,840 – $5,000
Cumulative sub-total: 100
40 Analysts Believe Gold Will Increase to Between $3,000 and $4,999
- David Moenning: $4,525;
- Larry Reaugh: $4,000+;
- Oliver Velez: $4,000+;
- Ernest Kepper: $4,000;
- Mike Knowles: $4,000;
- Ian Gordon/Christopher Funston: $4,000;
- Barry Elias: $4,000; (by 2020);
- Lindsey Williams: $3,000 – $4,000;
- Jay Taylor: $3,000 – $4,000;
- Christian Barnard: $2,500 – $4,000;
- John Paulson: $2,400 – $4,000;
- Paul Tustain: $3,844;
- Myles Zyblock: $3,800;
- Eric Roseman: $2,500 – $3,500 (by 2015);
- Christopher Wood: $3,360;
- Peter Leeds: $3,200;
- Franklin Sanders: $3,130;
- John Henderson: $3,000+ (by 2015 – 17);
- Michael Berry: $3,000+ (by 2015);
- Hans Goetti: $3,000;
- Michael Yorba: $3,000;
- David Urban; $3,000;
- Mitchell Langbert: $3,000;
- Brett Arends: $3,000;
- Ambrose Evans-Pritchard: $3,000;
- John Williams: $3,000;
- Byron King: $3,000;
- Chris Weber: $3,000 (by 2020);
- Mark O’Byrne: $3,000;
- Kevin Kerr: $3,000;
- Frank Holmes: $3,000;
- Shamik Bhose: $3,000 (by 2014);
- Ani Markova: $3,000 (by 2013/14);
- John Embry: $3,000;
- Michael Lombardi: $3,000;
- Eric Bolling: $3,000;
- Phillip Richards: $3,000;
- John Ing: $3,000;
- Chris Laird: $3,000;
- Michael Brush: $3,000
Cumulative sub–total: 140
8 Analysts Believe Price of Gold Will Go to Between $2,500 and $3,000
- Kurtis Hemmerling: $2,500 – $3,000;
- Ian McAvity: $2,500 – $3,000;
- Mary Anne and Pamela Aden: $2,000 – $3,000;
- Graham French: $2,000 – $3,000;
- Bank of America Merrill Lynch: $2,000 – $3,000;
- Joe Foster: $2,000 – $3,000 (by 2019);
- David Morgan: $2,900;
- Sascha Opel: $2,500+;
Grand Total: 148
Conclusion
There you have it. Who would have believed that 148 analysts would maintain that gold and by implication,
silver, are likely to achieve such lofty levels as a result of the effects of our current financially troubled and volatile times? Their rationale is varied but each is sound in its own right.
If we are to put any credence whatsoever into the rationale presented by the above analysts then it seems prudent to seriously consider owning some physical gold and silver and/or the stocks and/or long-term warrants of those companies that mine these precious metals.