Thursday , 26 December 2024

50+ Analysts Project Gold to Reach $5,000 – $6,000 by Late 2014 or Early 2015

More than 50 analysts 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: 600

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 by the end of 2012

  1. Porter Stansberry: $10,000;
  2. Taran Marwah: $6,000+;
  3. Lindsey Williams: $3,000 – $4,000;
  4. David Williams: $3,000;
  5. John Ing: $3,000;
  6. Kurtis Hemmerling: $2,500 – $3,000;
  7. Ian McAvity: $2,500 – $3,000;
  8. Mary Anne and Pamela Aden: $2,000 -$3,000
  • Average projected peak price range: $4,000 to $4,375 by year end.

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

Related Articles:

1. Alf Field: Gold Going to $4,500/ozt. in Next Wave Towards Parabolic Peak

gold

Once this present correction in gold has been completed it should [undergo] the largest and strongest wave in the entire gold bull market…to around $4,500 with only two 13% corrections along the way. [Let me explain how I came to that conclusion.] Words: 1900

2. Is Gold About to Go Parabolic to $3,495 in June ’13; $10,899 in Sept. ’14 and Top Out at $32,659 on Jan. 16, 2015?

buy-gold

According to a recent Elliott Wave theory analysis gold is about to go parabolic reaching $3,495 in June 2013, $6,233 in April 2014, $10,899 in Sept. 2014, $18,712 in December 2014 and culminating in a parabolic peak price of $31,672 on January 16th, 2015! See the chart below. Words: 600

3. Fractal Gold Projection of $3,500 into Mid-year Remains Intact!

bullion-coins-stacked_303x259

Our Fractal Model suggests the wave for Gold in US Dollars will sweep up into the $3500 to $3600 area into the mid-year time-frame. The leading edge of that time-frame begins in May and extends out for a few months. A potential for Gold to spike to a $3900 extended fib level exists. Like all parabolic moves in Gold, the late stages create the biggest price movements. Personally, I would be happy with a huge Gold run up to the $3200 level. Words: 1400

4. Don’t Laugh – Invest At Least 65% of Your Portfolio In Precious Metals!

Gold_intro

There is such a “fear of gold” amongst most people that it must be due to statist indoctrination and propaganda because it makes no rational sense to have such a fear of such a time tested and true store of wealth. After all, we are talking about time tested and true money – the only money that has lasted for thousands of years and is still fully accepted worldwide as a store of wealth….What would you rather hold “for eternity” gold [or] US dollars [which are nothing more than] a paper debt obligation of a bankrupt nation state? Words: 450

5. Sinclair: 1980 Was Just a Dress Rehearsal!

bullion-coins-stacked_303x259

In this extraordinary interview Jim Sinclair lays out precisely what investors should expect in the future from policymakers and in the gold market and why. He takes listeners from where gold is trading today, through the rest of the bull market, all the way to the conclusion.

6. Will Gold Peak at $2,500, $8,890 or $15,000?

When considering that the conditions which propelled gold and silver to their 1980 highs are much worse today, I predict both metals will easily eclipse those previous highs. That means $2,500 gold and $150 silver at the very minimum, but more likely a parabolic ascent to $8,890 gold and $517 silver before all is said and done. Words: 1063

7. Gold Bugs: Here’s How to Make the Most of the Continuing Bull Market in Gold!

buy-gold

All you gold bugs out there (and budding gold bugs too!) should find this article of extreme interest. With gold about to make a major move upwards in price NOW is the time to position your gold-investment allocation to maximize your dollars deployed and returns generated. Those in the know will not be investing in physical or paper gold, or even the stocks of the miners, but in the long-term warrants of the very few mining companies that offer such an opportunity. This article provides a primer on the MAJOR advantage that long-term warrants have in a market upleg and identify the specific warrants that are available. Words: 1037

8. Get Positioned: “Gold Rush” Will Cause Gold Stocks to SOAR – Here’s Why

buy-gold

Whatever their reasons, the number of investors wanting exposure to gold is increasing. Many who ignored it a decade ago are now buying. Those who started buying, say, five years ago, continue purchasing it today in spite of paying twice what they paid then. Slowly but surely, it’s becoming more important to more people…but what happens when it becomes a must-own asset to a substantial majority instead of a small minority? Sure, the price will rise, probably parabolically, but putting aside speculation on the price of gold for now, have you thought about what happens if you have trouble finding any actual, physical gold to buy? [Let’s explore that possibility and what that would mean for gold stocks in such an eventuality.] Words: 870

9. Gold: $3,000? $5,000? $10,000? These 153 Analysts Think So!

Gold_intro

153 analysts maintain that gold could eventually reach a parabolic peak price of at least $3,000/ozt. before the bubble bursts of which 103 see gold reaching at least $5,000/ozt., 17 predict a parabolic peak price of as much as $10,000 per troy ounce and a further 13 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: 844

10. Governments Will Want – Will NEED – Much Higher Gold Prices! Here’s Why

gold-bars4

That governments will want – and will NEED – much, much higher gold and silver prices in the future is counter intuitive, given that they have done everything within their power to throttle back and to keep a lid on bullion prices. Let me explain why. Words: 1300