These 40+ Analysts See Gold Going to $5-6,000 (on average) By Late 2014/Early 2015 (+2K Views)

Analyst after analyst (in excess of 170 at last count) has been forecasting what the parabolic peak price for gold will eventually be. That being said, however, only 43 have been bold enough to include the year in which they think their peak price estimate will occur and they are listed below. Take a look at who is projecting what, by when and why. Words: 400

Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) has identified below the analysts by name with their price projections and time frame. 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.

8 Analysts See Gold Reaching Peak Price in 2013 Latest

1. Goldrunner: $10,000 – $12,000;
2. Arnold Bock: $10,000 (late 2012 or 2013);
3. Hubert Moolman: $4,000+ (end of 2012 to early 2013);
4. Citi: $3,400;
5. Richard Maybury: $3,000;
6. David Nichols: $2,750 – $3,000 (by June 2013);
7. Jueig Kiener: $2,500 – $4,500;
8. Larry Jeddeloh: $2,300 – $5,000

• Average projected peak price range: $4,743 to $5,613

6 Analysts See Gold Reaching Peak Price in 2014 Latest

1. Toby Connor: $7,000 – $20,000;
2. Samuel “Bud” Kress: $6,000;
3. Robert Lloyd-George: $5,000;
4. Shamik Bhose: $3,000;
5. Ani Markova: $3,000 (by 2013/14);
6. Johann Santer: $3,000 (by 2013/14);

• Average projected peak price range: $4,500 to $6,667

16 Analysts See Gold Reaching Peak Price by 2015 Latest

1. Nick Laird: $31,672 (on Jan.16, 2015);
2. Peter George: $10,000;
3. Nick Barisheff: $10,000;
4. Dennis van Ek: $9,000;
5. James Turk: $8,000;
6. Chris Mack: $6,241.64;
7. Stephen Leeb: $5,500;
8. Bob Lenzer: $5,000;
9. Charles Morris: $5,000;
10. George Maniere: $5,000;
11. Marvin Clark: $5,000;
12. Ian Telfer: $5,000;
13. Robin Griffiths: $3,000 – $12,000;
14. Michael Berry: $3,000+;
15. Eric Roseman: $2,500 – $3,500;
16. Larry Edelson: $2,300 – $5,000

• Average projected peak price range: $7,263 to $8,057
• Average range excl. outlier of $31,672: $5,284 to $6,078

1 Analyst Sees Gold Reaching Peak Price by 2016 Latest

1. Martin Armstrong: $5,000 – $12,000 (by 2015/16)

4 Analysts See Gold Reaching Peak Price by 2017 Latest

1. Aubie Baltin: $6,200;
2. Tim Iacono: $5,000;
3. Robert McEwen: $5,000 (by 2015 – 2017);
4. John Henderson: $3,000+ (by 2015 – 2017)

• Average projected peak price: $4,800

1 Analyst Sees Gold Reaching Peak Price by 2018 Latest

1. Chuck DiFalco: $6,214

1 Analyst Sees Gold Reaching Peak Price by 2019 Latest

1. Laurence Hunt: $5,000 – $6,000

6 Analyst Sees Gold Reaching Peak Price by 2020 Latest

1. Peter Schiff: $5,000 – $10,000 (by 2015 – 2020);
2. DoctoRX: $20,000;
3. David Petch: $7,000 – $10,000;
4. Standard Chartered: $5,000;
5. Barry Elias: $4,000;
6. Chris Weber: $3,000

• Average projected peak price range: $6,800 to $8,400

Conclusion

• Sum total average projected peak price range: $5,540.75 to $6,553.50
• Sum total average range excluding outlier: $5,018 to $6,051
• Mean year of projected peak price attainment: late 2014 to early 2015

There you have it. Now you know the best guess of some of the most respected economists, academics, and precious metals analysts as to how high – and how soon – gold is expected to go before the bubble bursts. Such information should prove invaluable in determining your investment approach, choices and time horizon.

Original Source

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