While a large number of pundits have forecast the future price of silver few have provided a specific date as to when their projections would most likely be achieved. 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. (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; To over $500/oz. by 2020...
- Jeff Nielson: $400+; The first digit of the (three-digit) price for silver will be closer to a “9” than a “1” – most likely by 2020.
- James Turk and John Rubino: $400; 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: $250; 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: $148+; I expect the silver price to be over $148 sometime in early 2016. It’s as clear to me as the sun rising and setting.
- Larry Edelson: $125+; Silver will likely fetch better than $125ozt. a few years from now [i.e. by 2017].
- George Maniere: $125; By 2015 silver will be $125 a [troy] ounce.
- Jason Hamlin: $100; We are looking at a minimum price target of $100 for silver…[by] around the start of 2017.
- Dr. Doolittle: $66 – $215; Based on Fed continuing to increase its Monetary Base and Money Supply by a CAGR yield of 17.1% silver will rise to $66 per troy ounce by 2018 or possibly even to $215 per troy 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 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 »
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
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 »
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 »
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 »