Update: These 90 Analysts Believe Gold Will Go to $5,000/ozt. – or More!

Of the 133 analysts who have now gone public in maintaining that gold will eventually go to a parabolic peak price of $2,500/ozt.+ before the bubble bursts 90 – yes 90 – maintain that gold will reach at least $5,000 per ozt. Take a look here at who is projecting what, by when. Words: 954

Lorimer Wilson (www.FinancialArticleSummariesToday.com and $  www.munKNEE.com) identifies below the 133 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. 

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To see the latest update please go here.

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Editor’s Note: If you find a name or two missing from the list below I would appreciate you sending me his/her name and the URL of the article in which the individual states his/her case to editor@munKNEE.com  so I can have the most comprehensive list available on the internet. To be included in the list only projections of gold achieving a parabolic top of at least $2,500 per troy ounce (for an excellent article on gold karats and troy ounces go here 1), accompanied by sound reasons, will be included in the revised list. For some insights into what the implications of such high gold prices would have on the price of silver go here (2) for an excellent article on the historical goldsilver ratio. How much gold should you buy? Read this (3) article for some guidance in that regard.

3 Analysts See Gold Reaching its Parabolic Peak Sometime in 2011! 

1. Bob Kirtley: $10,000;
2. Patrick Kerr: $5,000 – $10,000;
3. Taran Marwah: $3,000;

10 Analysts See Gold Reaching its Peak Before the End of 2012

1. Arnold Bock: $10,000;
2. Porter Stansberry: $10,000;
3. Taran Marwah: $6,000+;
4. Greg McCoach: $5,000+;
5. Robert McEwen: $5,000;
6. Mary Anne and Pamela Aden: $3,000 – $5,000;
7. John Paulson: $2,400 – $4,000;
8. Ian McAvity: $2,500 – $3,000;
9. Peter Hambro: $2,500;
10. Charles Nenner: $2,500

These 11 Analysts See Gold Going Parabolic to +$10,000

1. DoctoRX: $20,000 (by 2020);
2. Mike Maloney: $15,000;
3. Ben Davies: $10,000 – $15,000;  
4. Howard Katz: $14,000;
5. Jeffrey Lewis: $7,000 – $14,000;
6. Jim Sinclair: $12,455;
7. Goldrunner: $10,000 – $12,000;
8. Martin Armstrong: $5,000 – $12,000 (by 2015/16);
9. Robin Griffiths: $3,000 – $12,000 (by 2015); 
10. Jim Rickards: $4,000 – $11,000;
11. Roland Watson: $10,800;

These 46 Analysts See Gold Price Peaking Between $5,001 and $10,000

1. Bob Kirtley: $10,000 (by 2011);
2. Arnold Bock: $10,000 (by 2012);
3. Porter Stansberry: $10,000 (by 2012);
4. Peter George: $10,000 (by 2015);
5. Tom Fischer: $10,000;
6. Shayne McGuire: $10,000;
7. Eric Hommelberg: $10,000;
8. David Petch: $6,000 – $10,000;  
9. Gerald Celente: $6,000 – $10,000;
10. Egon von Greyerz: $6,000 – $10,000;
11. Peter Schiff: $5,000 – $10,000 (in 5 to 10 years);
12. Patrick Kerr: $5,000 – $10,000 (by 2011);
13. Peter Millar: $5,000 – $10,000;
14. Roger Wiegand: $5,000 – $10,000;
15. Alf Field: $4,250 – $10,000;
16. Jeff Nielson: $3,000 – $10,000;
17. Dennis van Ek: $9,000 (by 2015);
18. Dominic Frisby: $8,000;
19. Paul Brodsky: $8,000;  
20. James Turk: $8,000 (by 2015);
21. Joseph Russo: $7,000 – $8,000;
22. Bob Chapman: $7,700;                        
23. Michael Rozeff: $2,865 – $7,151;
24. Jim Willie: $7,000;
25. Greg McCoach: $6,500;
26. Dylan Grice: $6,300;
27. Chris Mack: $6,241.64 (by 2015);
28. Chuck DiFalco: $6,214 (by 2018);                                                        
29. Jeff Clark: $6,214;                                                                                          
30. Aubie Baltin: $6,200 (by 2017);
31. Murray Sabrin: $6,153;                                                                                                      
32. Adam Hamilton: $6,000+;                                                     
33. Samuel “Bud” Kress: $6,000 (by 2014);
34. Robert Kientz: $6,000;
35. Harry Schultz: $6,000;
36. John Bougearel: $6,000;
37. David Tice: $5,000 – $6,000;
38. Laurence Hunt: $5,000 – $6,000 (by 2019);
39. Taran Marwah: $3,000 – $6,000+ (by Dec. 2011 and Dec.2012, respectively);       
40. Martin Hutchinson: $3,100 – $5,700;
41. Stephen Leeb: $5,500 (by 2015);
42. Louise Yamada: $5,200;
43. Jeremy Charlesworth: $5,000+;
44. Przemyslaw Radomski: $5,000+;
45. Jason Hamlin: $5,000+;
46. David McAlvany: $5,000+                                   

Cumulative sub-total: 57

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These 33 Analysts Believe Gold Price Could Go As High As $5,000

1. David Rosenberg: $5,000;
2. James West: $5,000;
3. Doug Casey: $5,000;
4. Peter Cooper: $5,000;
5. Robert McEwen: $5,000; (by 2012 – 2014)
6. Peter Krauth: $5,000;
7. Tim Iacono: $5,000 (by 2017);
8. Christopher Wyke: $5,000;
9. Frank Barbera: $5,000;
10. John Lee: $5,000;
11. Barry Dawes: $5,000;              
12. Bob Lenzer: $5,000 (by 2015);
13. Steve Betts: $5,000;
14. Stewart Thomson: $5,000;
15. Charles Morris: $5,000 (by 2015);
16. Marvin Clark: $5,000 (by 2015);
17. Eric Sprott: $5,000;
18. Nathan Narusis: $5,000;
19. Bud Conrad: $4,000 – $5,000;
20. Paul Mylchreest: $4,000 – $5,000;
21. Pierre Lassonde: $4,000 – $5,000;
22. Willem Middelkoop: $4,000 – $5,000;
23. Mary Anne and Pamela Aden: $3,000 – $5,000 (by February 2012);
24. James Dines: $3,000 – $5,000;
25. Bill Murphy: $3,000 – $5,000;
26. Bill Bonner: $3,000 – $5,000;
27. Peter Degraaf: $2,500 – $5,000;
28. Eric Janszen: $2,500 – $5,000;
29. Larry Jeddeloh: $2,300 – $5,000 (by 2013);
30. Larry Edelson: $2,300 – $5,000 (by 2015);
31. Luke Burgess: $2,000 – $5,000;
32. Marc Faber: $1,500 – $5,000;   
33. Robert Lloyd-George: $5,000 (by 2014)                                                 

Cumulative sub-total: 90

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31 Analysts Believe Gold Will Go Up to Between $3,000 and $4,999

1. David Moenning: $4,525;                                                                                                          
2. Larry Reaugh: $4,000+;
3. Ernest Kepper: $4,000;                                                                                       
4. Mike Knowles: $4,000;
5. Ian Gordon/Christopher Funston: $4,000;
6. Barry Elias: $4,000; (by 2020);                                                              
7. Jay Taylor: $3,000 – $4,000;                                     
8. Christian Barnard: $2,500 – $4,000;
9. John Paulson: $2,400 – $4,000 (by 2012);
10. Paul Tustain: $3,844;
11. Myles Zyblock: $3,800;
12. Eric Roseman: $2,500 – $3,500 (by 2015);
13. Christopher Wood: $3,360;                                                                                                   
14. Franklin Sanders: $3,130;                                                                              
15. John Henderson: $3,000+ (by 2015 – 17);
16. Michael Berry: $3,000+ (by 2015);                                                                                   
17. Hans Goetti: $3,000;
18. Michael Yorba: $3,000;
19. David Urban; $3,000;
20. Mitchell Langbert: $3,000;
21. Brett Arends: $3,000;
22. Ambrose Evans-Pritchard: $3,000;
23. John Williams: $3,000;
24. Byron King: $3,000;
25. Ron Paul: $3,000 (by 2020);                                                                                                              
26. Chris Weber: $3,000 (by 2020);                                                                                                           
27. Mark Leibovit: $3,000;                                                                                                                     
28. Mark O’Byrne: $3,000;                                                                                                                   
29. Kevin Kerr: $3,000;  
30. Frank Holmes: $3,000;
31. Shamik Bhose: $3,000 (by 2014)                                                               

Cumulative sub-total: 121

These 12 Analysts Believe Gold Will Go to Between $2,500 and $3,000                    

1. Ian McAvity: $2,500 – $3,000 (by 2012);
2. Jeff Nichols: $2,000 – $3,000;
3. Graham French: $2,000 – $3,000;                                                                                                                          
4. Bank of America Merrill Lynch: $2,000 – $3,000;                                                 
5. Joe Foster: $2,000 – $3,000 (by 2019);                     
6. David Morgan: $2,900;                                            
7. Sascha Opel: $2,500+;
8. Rick Rule: $2,500 (by 2013);
9. Daniel Brebner: $2,500;              
10. James DiGeorgia: $2,500;                
11. Peter Hambro: $2,500 (by 2012);                                                                        
12. Charles Nenner: $2,500 (by 2012 – 13)

Grand Total: 133

Conclusion

There you have it. Who would have believed that 133 distinguished 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 (see here (4) and here (5) for details on specifically which warrants and how to go about buying them)  of those companies that mine these precious metals.

*Original Source

Titles and Links to Articles Referenced Above:

1. What’s the Difference Between 1 Gold Karat, 1 Diamond Carat and 1 Troy Ounce?
2. Update: Why $300+ Silver is a Realistic Future Peak Price
3. Which Gold and Silver Assets (and How Much) Should You Own? 
4. Gold & Silver Warrants Index (GSWI) Update 
5.  Buying Gold & Silver Company Warrants is Easy & Profitable – Here’s How (and Why!)

Editor’s Note:

1. The above article consists of reformatted edited excerpts from the original for the sake of brevity, clarity and to ensure a fast and easy read. The author’s views and conclusions are unaltered.
2. Permission to reprint in whole or in part is gladly granted, provided full credit is given as per paragraph 2 above.
3. Sign up to receive every article posted via Twitter, Facebook, RSS Feed or our FREE Weekly Newsletter.

Gold

Related Posts:

• Deja Vu? Is Gold Just in a Correcting Phase on Its Way to Parabolic Peak of $4,294?
• Campbell’s Challenge: How Likely Is $1,000 Gold, Higher Interest Rates and a Faltering U.S. Recovery?
• Gold and Gold Stocks Going Even Lower! Here’s Why
• Is Gold the Ultimate Inflation Fighter It Is Claimed to Be?
• Is Gold About to Go Parabolic to $3,495 in June ’13; $10,899 in Sept. ’14 and Top Out at $31,672 on Jan. 16, 2015?

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