101 of the 155 analysts who have gone public in maintaining that gold will eventually go to a parabolic peak price of at least $2,500/ozt.+ before the bubble bursts believe that gold will reach at least $5,000 per ozt. Take a look here at who is projecting what, by when. Words: 979
The majority of analysts are now of the opinion 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 silver could escalate dramatically in price over the next few years. How much? This article takes a look at historical gold:silver ratios and what attaining certain relationships would mean for the price of silver should specific price levels for gold be realized. Words: 1411
I just Googled ”gold to hit” – and I got HUNDREDS of pages for ‘Gold to hit $5,000′. Almost every expert in the world is positive that the “value” of gold – and silver – is about to skyrocket. I don’t think so…You may think you are going to get rich investing in silver and gold – or you may think you can protect your wealth by owning it – or you may think that people will stop accepting paper money and no one will be able to buy anything without it. All of that is nonsense. [Let me explain.] Words: 1739
The correlation between the gold price from 1968 until 1979 and from early 2000 until today is an amazing 89.65%! More specifically, the correlation from 1975 until April 1979 and from January 2008 until today is an astonishing 97.83% suggesting that gold will reach an ultimate top of $5,000 per troy ounce before the bubble bursts. Words: 330
One of the most controversial topics in investing is the price of gold… [with] many goldbugs say[ing]…that gold will soon break $2,000, then $5,000 and then $10,000 an ounce but, [frankly,] how can anyone reasonably calculate what the price of gold [should be when they don't understand the factors that drive gold? So let me explain.] Words: 992
We may reach levels for gold previously thought of as crazy – $5,000 an ounce or even $10,000 – with plenty of volatility and pullbacks along the way… and in my opinion there are 10 reasons it could happen within the next 12 months and, if not by then, then soon after. Why? Because, in short, there is way too much fiat currency chasing way too little gold. Words: 951
My first reaction when I read an article* on this site by Arnold Bock – articulating why gold would go to $10,000 – by 2012 no less – was amazement. Who in their right mind would suggest that gold would eventually reach $2,500, let alone $5,000 or even $10,000? Words: 2097
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