Over the years only 14 pundits have been bold enough to provide a specific date as to when their forecast for the future price of silver would be realized. This article provides that information along with the criteria & rationale for their determinations.
The information below, compiled by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), consists of edited excerpts from a host of articles containing additional and updated forecasts by various pundits.
Yes, there are a number of other individuals who have taken upon themselves to forecast the future price of gold silver but none to my knowledge have been bold enough to provide a specific date as to when. The forecasts of most of the big banks have been excluded as they are all extremely pessimistic in their efforts to suppress silver’s price and reap financial benefit in doing so.
Should you become aware of someone not on this comprehensive list please forward the URL of the article to my attention at editor(at)munKNEE(dot)com or mention it in the Comment section at the very bottom of the page. Thank you.
To access the original article in which the price/date predictions below were made please do a Google search of the quote provided in italics or click on the hyperlinks.
- Jason Hommel: $500 – $5,000; Silver: To over $500/oz. by 2020…and to $5,000 by 2035.
- Jeff Nielson: $1,000; I offer 4 key dynamics to make my case that the first digit of the (three-digit) price for silver will be closer to a “9” than a “1” – most likely by 2020, and we cannot discount the possibility of silver rising to the $1,000/0z level.
- James Turk and John Rubino: $400; The price of gold is about to soar to $10-12,000/ozt. – and silver to $500/ozt. [No specific date as to when is provided.] If the gold:silver ratio reverts to the norm of 20:1 as I think it will, silver will reach $400 by 2015.
- GE Christenson: $100 – $250; I am making a projection based on rational analysis that indicates a likely time period for silver to trade at $100 per troy ounce by 2015. Past bubbles have had an ending price 4 – 8 times higher than the phase 2 beginning price and, if we assume that phase 1 for silver was a move from $4 to $50 and that represents 19% of the total move, the high for silver could be around $250 by 2017. The ratio of phase 2 ending price to beginning price would be 5:1 – reasonable.
- Rob McEwen: $200; Silver is headed to $200 in the next 4 years [1.e. by 2016]
- Ian Williams: $165; Silver prices are set to embark on “a sustained bull market” that will see prices rocket…to $165/oz by the end of October 2015.
- Ron Rosen: $150; I expect the gold price to hit $4,300 in early 2016 and the silver price at over $148 sometime in early 2016. It’s as clear to me as the sun rising and setting.
- Larry Edelson: $125+; Gold will likely fetch well over $5,000 an ounce a few years from now [i.e. by 2017] and silver better than $125 a troy ounce.
- George Maniere: $125; The prices of gold and silver based on the debasement of currencies are in my opinion very cheap. I will go on record right now and say that by 2015 gold will be $5,000 an ounce and silver will be $125 an ounce, and I have had some very smart people tell me that my projections are too low.
- Jason Hamlin: $100; We are looking at a minimum price target of $3,600 for gold…[by] around the start of 2017. Silver forecasts a minimum price target of $100 in the same time frame.
- Peter Krauth: $95; By the time the next election rolls around in 2016 we could be looking at $3,700 gold and silver may be trading at $95. Frankly, I could see both of these levels easily surpassed.
- Juan Eduardo Morales Veas: $90; Gold will drop to $900 in Jan/Feb. 2015 and then go parabolic to $3,500 in Nov./Dec., 2016 or in Jan./Feb. 2017. Silver will drop to $15 in Jan./Feb. 2015 and then rise to $90 approx., in Nov./Dec., 2016 or in Jan./Feb. 2017
- Michael Berry: $75; I don’t do point estimates very well, but it’s possible you could see $3,000 gold in the next five years [i.e. 2015] . I think that’s very possible. I also believe it’s possible that you could also see $50 to $75 silver [by 2015].
- Dr. Doolittle: $66 – $215; Based on Fed continuing to increase its Monetary Base and Money Supply by a CAGR yield of 16.5% gold will rise to $3,648 per ounce by 2018 (and silver to $66 per ounce based on a CAGR yield of 17.1% or possibly to $215 per ounce should the gold/silver ratio reach 17:1 as it was at its peak in January, 1980).
There you have it. Now you know the best guess of all the analysts who are on record as to how high – and how soon – silver is expected to go before the bubble bursts. Such information should prove invaluable in determining your investment approach, choices and time horizon.
Follow the munKNEE on Twitter
Again, should you become aware of someone not on this comprehensive list please forward the URL of the article to my attention at editor(at)munKNEE(dot)com or mention it in the Comment section at the very bottom of the page. Thank you.
Post a Comment on this article (Scroll down to bottom of page)
The price of silver is going to go much, much higher – much higher – over the next decade relative to gold. Below are 5 solid reasons why I believe that is the case. Read More »
This article looks at physical gold, silver, platinum and copper regarding their respective versatility of use, durability, fungibility, store of value, liquidity and aesthetics which yields a new perspective and appreciation of each. Read More »
We are at the beginning of a major shift out of paper assets into real assets and the more I studied the merits of owning gold and silver the more I realized that silver was the smart decision. Let me explain. Read More »
Analysts and investors seem to be very bearish towards silver, but we think that the fundamentals of silver are now becoming extremely attractive in terms of contrarian opportunities. Volatility and risk are not always commensurate, and we believe that silver offers investors fundamentals that can be much stronger than expected and returns that would be magnified by the small size of the silver market (and the bearish positioning by participants). Contrarian investors would be wise to take note. Read More »
It is a reasonable bet that gold, about 40% below its 2011 high and facing large demand and dwindling supply, will rally in price over the next few years. Silver prices will follow gold prices but rally farther and faster from their currently low and oversold condition. Read More »
The majority of analysts maintain that gold will reach a parabolic peak price somewhere in excess of $5,000 per troy ounce in the next few years. Given the fact that the historical movement of silver is 90 – 95% correlated with that of gold suggests that a much higher price for silver can also be anticipated. Couple that with the fact that silver is currently greatly undervalued relative to its average long-term historical relationship with gold and it is realistic to expect that silver will eventually escalate dramatically in price. How much? This article applies the historical gold:silver ratios to come up with a range of prices based on specific price levels for gold being reached. Words: 691 Read More »
You have no doubt read countless articles on the price of gold costing x dollars per “troy ounce” or perhaps just x dollars per “ounce” but the difference between the two measurements is significant. For that matter, what’s the difference between a 24 karat gold ring and an 18 karat gold ring? Let me explain. Words: 863
I believe there is more opportunity in the silver market over the next two years relative to gold and, as such I’m now advocating accumulating a large overweight position in silver relative to gold because, over the long-term, there is such a great demand vs. supply situation developing….Before investing in silver, however, there are a number very important things that you must understand about the silver market. Let me explain. Words: 899
Silver has been an important metal for thousands of years, often used as a medium of exchange or jewelry in ancient times….Today, silver still finds its way into jewelry and coins but it is now also a key ingredient in many ‘modern’ applications as well….Due to this multitude of uses the metal has continued to be a popular investable asset…[as well] as a store of value and an inflation hedge. Below are a list of the top 10 silver producing countries, the top 10 silver producing companies and a definitive guide as to the multiple options of investing in the metal. Words: 2091
It’s true that there are “NO SURE THINGS” in life…but an investment in SILVER comes DARN CLOSE! Yes, you’ll have to ride the tidal wave of price manipulation but when the waves die down you will fully appreciate the power and value of SILVER. Let me explain.
Silver has given returns of 584% in the last ten years and this article discusses the reasons for believing that silver can produce another decade of over 500% returns. Words: 954; Charts: 7
12. Part 1: The History of Silver As a Currency – and More
Silver has thousands of industrial uses and is considered a store of wealth by investors. The infographic below illustrates silver’s history as a currency in the past and as an essential component in industry and technology today.
Of the 1040.6 million troy oz of silver produced in 2011, 84% was used in over 10,000 modern industrial applications (16% used as an investment) of which approx. 33% was used in the traditional forms of fabrication such as jewelry, coins, medals, and silverware with the remaining 66% actually being consumed. While the actual amount is unknown, some experts believe as much as 90-95% of all the silver ever mined has been ‘lost’ to landfills. For this reason, there is likely less silver available above ground than gold (98% of all gold is accounted for today). For more interesting information regarding the supply of, and demand for, silver please refer to the infographic below.
Silver has had double digit gains in 7 of the last 10 years. In this infographic, we look at the investment properties of silver as well as its chief differences with gold. Highlights include a study on silver correlation, volatility, performance against the US Dollar and money supply, and portfolio diversification.
While gold remains a smart move, there’s much to be said for silver. Why? Because, unlike gold, silver has an inherent value that goes well beyond scarcity. Without silver the world as we know it would literally stop. The computer screen on which you are reading these words, has silver in it. The TV you watch, has silver in it…and the list goes on and on. Read More »
With the likes of Ray Dalio and billionaire George Soros placing big bets on a recovery in precious metals now is likely the time for investors to take the plunge. The key question remains, however, which precious metal? My preference is silver. Here’s why. Read More »
People who have trusted the paper market first go to gold when they have their awakening because it is the largest precious metals market in the world but the more I learned about silver, however, the more I realized that silver was the smart decision. Here a a few reasons why that is the case. Read More »
Jim Rickards explains in his new book “The Death of Money – The Coming Collapse of the International Monetary System” why a US dollar collapse could be coming and why gold would probably emerge at the heart of a new global monetary system as the only money that you can really trust. Read More »
Has anything changed for silver? [Not really.] The only change is that the media is telling us the economy is doing better; hence, investors are not buying into the precious metal sector. The reality of the situation is that the supply of silver in the market is declining, while demand is rising by the double-digits. [As a result, in my opinion,] pessimism towards the “poor man’s gold” has gone too far. In fact, I’m expecting silver to provide investors with a better return than gold bullion over the next 24 months. Below is my explanation why. Read More »
Eventually, all markets correct excesses. The global economy is near a tipping point, and we must prepare our portfolios now, ahead of that chaos, for a big payday which means owning a meaningful amount of physical silver in addition to gold. Let me offer 7 reasons why that is the case. Words: 1588 Read More »
I believe that the Silver to Gold Ratio has peaked, making silver a compelling bargain relative to gold. From today’s vantage point it is difficult believing that the price of silver could ever equal or exceed the price of gold but, when one considers the possibilities, there are many good reasons to accumulate as much silver as possible at today’s prices. Read More »
In my opinion the “final financial shot’ which leads to live financial fire (collapse) will be in either the gold or silver pits of the COMEX or, ultimately, both. Why? Because, at $20 per silver ounce, it would take only $1.2 billion to crack that market open like a watermelon; because, for a pittance of money in today’s world, “trust” in the entire financial system of the West can be shattered. Some will say “big deal” or “who cares?” but it is a big deal and YOU should care! Read More »
While not widely reported or analyzed, over the past several months there has been an enormous amount of buying in the various markets for physical silver – both one-ounce sovereign-minted coins and refined bars. Along with some standard trading signals I’ll discuss below, I believe the activity in the market for physical silver is signaling the potential for a large upside move sometime this year. Let me explain. Read More »
Should you buy & hold your gold or silver or switch back and forth depending on the gold/silver ratio? This article examines 3 scenarios and identifies certain rules that should be followed to make the most of the ups and downs of the gold/silver ratio to substantially increase your holdings over time. Read More »
Until the crisis in the international monetary system is resolved, the monetary aspect of silver will dominate its industrial aspect, and gold will keep its leadership role. As the silver price goes up, the more the industrial demand will decline, while the monetary demand will rise. The question is, in what proportions will this happen. Central banks and sovereign funds will dominate the gold market, whereas private investors will mainly dominate the silver market. There is no central bank that I know of that is buying silver today for its monetary reserves. Gold remains mainly a monetary metal, whereas silver has, above all, become an industrial metal that, in a monetary crisis like today’s, can play a monetary role, as “poor man’s gold”. Read More »