Wednesday , 23 April 2014

These 122 Analysts Now Believe Gold Will Go Parabolic To Between $2,500 and $15,000!

51 Analysts Believe Gold Will Exceed $5,000!

World's First 100-kg, .99999% Pure Gold Bullion Coin

munKNEE.com Editor-in-Chief Lorimer Wilson with the world's first 100-kg, 99999 pure gold bullion coin with a $1 million face value. It was produced by The Royal Canadian Mint.

Believe it or not but I have identified 122 economists, academics, analysts and market commentators who have developed sound rationale as to why they think gold will likely go to a parabolic peak price of at least $2,500 an ounce before the bubble finally pops! Of those 122 prognosticators, 84 –yes, 84 – believe gold could reach a high of $5,000; 51 maintain that a price in excess of $5,000 is more likely. Words: 977

Lorimer Wilson, Editor of www.FinancialArticleSummariesToday.com and  www.munKNEE.com, identifies the 122 analysts below by name with their price projections and time  frame complete with hyperlinks to the source article. 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. 

 

(A more updated article can be found here.)

These 6 Analysts See Gold Going Parabolic to +$10,000

  1. Mike Maloney: $15,000;
    www.goldbasics.blogspot.com/2009/09/gold-should-reach-15000-oz-mike-maloney.html
  2. Ben Davies: $10,000 – $15,000;
    www.thedailygold.com/commentaries/hinde-capitals-ben-davies-on-the-gold-market/?p=3905/
  3. Howard Katz: $14,000; www.24hgold.com/english/contributor.aspxcontributor=Howard+S.+Katz&article=2241359014G10020&redirect=False
  4. Jeffrey Lewis: $7,000-$14,000;
    www.silver-coin-investor.com/gold-and-silver.html
  5. Jim Rickards: $4,000 – $11,000;
    www.cnbc.com/id/34038650/Gold_s_Money_Value_is_4_000_to_11_000_Market_Strategist
  6. Roland Watson: $10,800;
    www.goldeagle.com/editorials_05/watson081605.html

Editor’s Note: Don’t forget to sign up for our FREE weekly “Top 100 Stock Market, Asset Ratio & Economic Indicators in Review”.

These 45 Analysts See Gold Price Peaking Between $5,001 and $10,000

  1. Bob Kirtley: $10,000 (by 2011);
    www.goldeditor.com/wp-content/uploads/editorpdfsimages/Gold-Prices-at-10-000.pdf
  2. Arnold Bock: $10,000 (by 2012);
    http://www.munknee.com/2010/11/gold-going-to-parabolic-top-of-10000-by-2012-%e2%80%93-for-good-reasons/
  3. Porter Stansberry: $10,000 (by 2012);                                                                                                                                www.kitco.com/ind/stansberry/dec022009.html                                                                                                                                                                   
  4. Peter George: $10,000 (by 2015);                                                                                      www.news.goldseek.com/GoldSeek/1129126809.php
  5. Tom Fischer: $10,000;
    www.gold.approximity.com/gold_price_models_sinclair.html
  6. Shayne McGuire: $10,000;
    www.munknee.com/2011/01/mcguire-10000-gold-is-a-distinct-possibility-heres-why
  7. Eric Hommelberg: $10,000;
    www.gold-speculator.com/eric-hommelberg/17257-golds-inflation-adjusted-high-reaches-8000-a.html                                                  
  8. David Petch: $6,000 – $10,000;                                                                         www.financialsense/fsu/editorials/petch/2008/0304b.html
  9. Gerald Celente: $6,000 – $10,000;
    www.trendsresearch.com/forecast.html
  10. Egon von Greyerz: $6,000 – $10,000;
    www.munknee.com/2011/01/hyperinflation-will-drive-gold-to-10000/
  11.  Peter Schiff: $5,000 – $10,000 (in 5 to 10 years);
    www.businessweek.com/magazine/content/10_23/b4181044623002.htm
    www.commodityonline.com/news/Gold-forecast-Jim-Rogers-Peter-Schiff-or-Roubini-23940-3-1.html
  12. Patrick Kerr: $5,000 – $10,000 (by 2011);
    www.marketwatch.com/story//a-reality-check-for-investors-mulling-sale-of-gold-2009-11-20
  13. Peter Millar: $5,000 – $10,000;
    www.gata.org/files/PeterMillarGoldNoteMay06.pdf
  14. Roger Wiegand: $5,000 – $10,000;
    www.traderrog.wordpress.com/2010/08/23/how-high-can-gold-go/
  15. Alf Field: $4,250 – $10,000;
    www.24hgold.com/english/news-gold-silver-gold-price-objective.aspx-contributor=Alf+Field&article=1440499960G10020&redirect=False
    www.gold-speculator.com/alf-field/7413-elliot-wave-gold-update-23-a.html
    www.jsmineset.com/2009/05/10/alf-field%E2%80%99s-gold-price-predictions/
  16. Jeff Nielson: $3,000 – $10,000;
    www.bullionbullscanada.com/index.php?option=com_content&view=article&id=12906:the-real-truth-about-the-imfs-gold-sale&catid=48:gold-commentary&Itemid=131
  17. Dennis van Ek: $9,000 (by 2015);
    www.goldnews.bullionvault.com/Goldbug/gold_price/gold_prices_could_hit_9000_per_oz_by_2015_18898034                                                                                                                                                                          
  18. Dominic Frisby: $8,000;                                                                                                                         www.moneyweek.com/investments/precious-metals-and-gems/why-they-could-reach-8500-an-ounce.aspx                                        
  19. Paul Brodsky: $8,000;                                                                                                                                   www.wildfirestocks/2010/11/brodsky-on-gold
  20. James Turk: $8,000 (by 2015);
    http://www.munknee.com/2010/11/where-gold-and-silver-will-be-by-2015/
  21. Joseph Russo: $7,000 – $8,000;
    www.financialsense.com/fsu/editorials/russo/2007/0416.html
  22. Michael Rozeff: $2,865 – $7,151;
    www.marketoracle.co.uk/Article14168.html
    www.lewrockwell.com/rozeff/rozeff16.html
  23. Martin Murenbeeld: $3,100 – $7,000;
    www.dundeeprecious.com/Theme/Dundee/files/The%20Gold%20Price%20Outlook%20through%202010-%20website.pdf              
  24. Jim Willie: $7,000;                                                                                                                                                                                             www.silver-investor.com/blog/silver-investor-bloggers-gold/hidden-dollar-swap-hammer-by-jim-willie-cb/
  25. Dylan Grice: $6,300;
    www.abnnewswire.net/press/en/63123/
  26. Chris Mack: $6,241.64 (by 2015);                                                                                                                   www.munknee.com/2010/09/how-realistic-is-5000-gold/                                                                                                                 
  27. Chuck DiFalco: $6,214 (by 2018);
    www.financialsensearchive.com/fsu/editorials/difalco/2009/1124.html                                                                                                                   
  28. Jeff Clark: $6214;                                                                                                                                                www.caseyresearch.com/editorial/3614?ppref=CRX192ED0810D
  29. Aubie Baltin: $6,200 (by 2017);
    www.24hgold.com/english/contributor.aspx?rss=true&article=2158395926G10020&redirect=false&contributor=Aubie+Baltin
  30. Murray Sabrin: $6,153;
    www.kitco.com/ind/Sabrin/may262009.html                                                                                                                                                                         
  31. Adam Hamilton: $6,000+;                                                                                                                             www.zealllc.com/2002/golddefy.htm
  32. Samuel “Bud” Kress: $6,000 (by 2014);                      www.clifdroke.com/articles/jul10/071910/071910.html                                                                                                                                                 
  33. Robert Kientz: $6,000;                                                                                                                               www.seekingalpha.com/instablog/410007-robert-kientz/91151-gold-and-silver-market-suppression-failures-flash-buy-signals-part-       
  34. Harry Schultz: $6,000;                                                                                                                                         www.moneynews.com/StreetTalk/harry-shultz-deflation hyperinflation/2010/06/11/id/361725                                                                                                                                                                                                                                                                  
  35. John Bougearel: $6,000;                                                                                                                                     www.benzinga.com/print/490392                                                                                                                                                                                                
  36. David Tice: $5,000 – $6,000;                                                                                                                           www.moneynews.com/PrintTemplatenodeid=378538                                                                                                                                                        
  37. Lawrence Hunt: $5,000 – $6,000 (by 2019);
    www.laurencehunt.blogspot.com/2010/06/gold-invisible-bull-market.html
  38. Taran Marwah: $3,000 – $6,000+ (by Dec. 2011 and Dec.2012, respectively);           www.afund.com/afundindia.html
  39. Martin Hutchinson: $3,100 – $5,700;
    www.mineweb.com/mineweb/view/mineweb/en/page103855?oid=104836&sn=Detail&pid=102055
  40. Stephen Leeb: $5,500 (by 2015);                                                                                                                     www.goldsurvivalguide.co.nz/stephen-leeb-5-year-gold-price-target-5500/                                                                                                           
  41. Louise Yamada: $5,200;                                                                                                                                         www.blanchardonline.com/investing-news-blog/ecvon.php article=1431                                                                                                                                                                                                                                             
  42. Jeremy Charlesworth: $5,000+;
    www.telegraph.co.uk/finance/personalfinance/investing/gold/7803924/Silver-will-outperform-gold.html                                                                                                                                                                                                                                                    
  43. Przemyslaw Radomski: $5,000+;                                                                                                        www.marketoracle.co.uk/Article22629.html                                                                                                                                                                           
  44. Jason Hamlin: $5,000+;                                                                                                                                        www.goldstockbull.com/articles/time-to-sell-gold-stocks                                                                                                                                                                                                                                                          
  45. Greg McCoach:$5,000+ (by 2012);                                                                                                                        www.munknee.com/2010/12/the-u-s-dollar-will-collapse-within-24-months-got-gold-or-silver/

Cumulative sub-total: 51

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

  1. David Rosenberg: $5,000;
    www.zerohedge.com/article/rosenberg-pattern-would-suggest-test-5000-dow-same-time-gold-5000-too
    www.investmentpostcards.com/2010/05/16/3000-gold-price-may-yet-prove-conservative-says-rosie/
  2. Doug Casey: $5,000;
    www.pragcap.com/is-gold-going-to-5000
  3. Peter Cooper: $5,000;
    www.arabianmoney.net/gold-silver/2010/05/12/5000-an-ounce-in-sight-as-gold-its-new-all-time-high/
  4. Robert McEwen: $5,000; (by 2012 – 2014)
    www.bloomberg.com/apps/news?pid=20601082&sid=ajm6lryLYViQ
  5. Martin Armstrong: $5,000 (by 2016);
    www.businessinsider.com/martin-armstrong-gold-headed-to-5000-and-beyond-2009-11
  6. Peter Krauth: $5,000;
    www.moneymorning.com/2010/01/14/gold-superspike
  7. Tim Iacono: $5,000 (by 2017);
    www.seekingalpha.com/article/174088-faber-gold-a-better-buy-than-at-300-oz?source=hp
  8. Christopher Wyke: $5,000;
    www.bloomberg.com/apps/news?pid=newsarchive&sid=aF1439PVhAgk
  9. Frank Barbera: $5,000;
    www.theaureport.com/pub/na/1575
  10. John Lee: $5,000;
    www.goldnews.bullionvault.com/gold_dollar_fiat_currency_fed_confidence_030320082
  11. Barry Dawes: $5,000;
    www.abnnewswire.net/press/en/63123                                                                                                                          
  12. Bob Lenzer: $5,000 (by 2015);                                                                                                                        www.video.forbes.com/fvn/streettalk/gold-5000-an-ounce-in-5-years                                                            
  13. Steve Betts: $5,000;                                                                                                                             www.marketoracle.co.uk/Article22697.html                                                                                                                  
  14. Stewart Thomson: $5,000;                                                                               www.321gold.com/editorials/thomson_sthomson_s_091410.html                                                                        
  15. Charles Morris: $5,000 (by 2015);                                                                                                     www.businessweek.com/news/2010-03-01/soros-signals-gold-bubble-as-goldman-predicts-record-update1-html                                                                                                                                                                    
  16. Marvin Clark: $5,000 (by 2015);                                                                                                                     www.seekingalpha.com/article/221514-will-the-price-of-gold-reach-5000                                                     
  17. Eric Sprott: $5,000;                                                                                                                                       www.goldalert.com/2010/11/sprott-could-imagine-5000-gold                                                                          
  18. Bud Conrad: $4,000 – $5,000;                        www.online.wsj.com/article/SB10001424052748704792104575264863069565780.html
  19. Paul Mylchreest: $4,000 – $5,000;                                                                                    www.gata.org/files/RedburnPartnersGoldReport_11-12-2007.pdf                                                               
  20. Pierre Lassonde: $4,000 – $5,000;
    www.commodityonline.com/news/Panic-effect-could-push-Gold-to-$4000-or-$5000-11770-3-1.html
  21. Willem Middelkoop: $4,000 – $5,000;
    www.youtube.com/watch?v=lvFSyS985I8
  22. Mary Anne and Pamela Aden: $3,000 – $5,000 (by February 2012);
    www.adenforecast.com/articlesInterviewDetail.php?id_publicacion=19
  23. James Dines: $3,000 – $5,000 (in June 2011);
    www.commodityonline.com/news/James-Dines-Dig-gold-out-of-rare-earths-24391-3-1.html                  
  24. Goldrunner: $3,000 – $5,000 (by 2012); www.gold-eagle.com/editorials/08/goldrunner022308pv.html                                                                                           
  25. Bill Murphy: $3,000 – $5,000; www.gata.org/8960                                                                                                                                                             
  26. Bill Bonner: $3,000 – $5,000;                                                                                                         www.equitymaster.com/dailyreckoning/detail.asp?date=9/30/2010&story=1                                                    
  27. Peter Degraaf: $2,500 – $5,000;                                                                                                              www.kitco.com/ind/degraaf/sep182008.html
  28. Eric Janszen: $2,500 – %5,000;                                                                                                      www.itulip.com/forums/showthread.php/15580-Before-the-FIRE-Gold-Update-Is-1-237-the-new-720-Eric-Janszen?s=e262248557652f4215a3f903694790d4                                                                                 
  29. Larry Jeddeloh: $2,300 – $5,000 (by 2013);                                                                         www.omegafunds.ca                                                                                                                                              
  30. Larry Edelson: $2,300 – $5,000 (by 2015);
    http://www.munknee.com/2010/09/gold-will-go-to-5000-and-the-dow-to-above-27000-by-2015/
  31. Luke Burgess: $2,000 – $5,000;
    www.wealthdaily.com/articles/gold-etfs/2409                                                                                                       
  32. Jim Sinclair: $1,650 – $5,000 ($1,650 by Jan. 14/11 OR $3,000 – $5,000 by June/11);         www.arabianmoney.net/gold-silver/2010/09/08/jmsinclair-on-why-gold-is-going-to-1650-by-early-january 
  33. Marc Faber: $1,500 – $5,000                                                                                   www.goldnews.bullionvault.com/gold_marc_faber_010420102

Cumulative sub-total: 84

These 26 Analysts Believe Gold Will Achieve a Parabolic Peak Price Between $3,000 and $4,999

  1. David Moenning: $4,525;                                                                                                                       www.seekingalpha.com/article/23930-the-big-picture-is-gold-going-to-4-500                                               
  2. Mike Knowles: $4,000;
    www.stockmarketweekly.com/newsletters/1546-what-is-the-kondratieff-cycle-telling-us-now%20/
  3. Ian Gordon/Christopher Funston: $4,000;
    www.munknee.com/2010/09/ian-gordon-longwave-cycle-of-winter-to-drive-gold-to-4000oz/
  4. Jay Taylor: $3,000 – $4,000;
    www.thedailybell.com/413/Jay-Taylor-deflation-inflation-hyperinflation.html                                               
  5. Christian Barnard: $2,500 – $4,000;                                  www.financialpost.com/Gold+bull+could+another+months/3872891/story.html                                              
  6. John Paulson: $2,400 – $4,000 (by 2012);                                                                                                  www.goldalert/2010/09/gold-price-4000-paulson/                                                                                               
  7. Myles Zyblock: $3,800;                                                                                                                              www.munknee.com/2010/11/mania-territory-for-gold-is-coming-soon/                                                          
  8. Eric Roseman: $2,500 – $3,500 (by 2015);
    www.worldcurrencywatch.com/2010/04/08/the-still-unpaid-price-of-the-global-bailout/
  9. Christopher Wood: $3,360;
    www.marketoracle.co.uk/Article12906.html11                                                                                                             
  10. Franklin Sanders: $3,130;                                                                                                          www.the.moneychanger.com/daily/DailyFile5.htm
  11. John Henderson: $3,000+ (by 2015-17);
    www.seekingalpha.com/article/160592-gold-1200-by-year-end-1500-in-2010-3000-by-2015-2017
  12. Michael Berry: $3,000+ (by 2015);                                                                 www.mineweb.com/mineweb/view/mineweb/en/page32oid=113595&sn=Detail                                            
  13. Hans Goetti: $3,000;
    www.cnbc.com/id/15840232/?video=1043867279&play=1
  14. Michael Yorba: $3,000;
    www.yorbatv.ning.com/forum/topic/show?id=2014856%3ATopic%3A9698
  15. David Urban; $3,000;
    www.seekingalpha.com/article/36315-why-i-believe-gold-will-hit-3000-oz
  16. Mitchell Langbert: $3,000;
    www.mitchell-langbert.blogspot.com/2010/06/is-ride-to-3000-gold-going-to-hit-air.html
  17. Brett Arends: $3,000;
    www.online.wsj.com/article/SB10001424052748704792104575264863069565780.html
  18. Ambrose Evans-Pritchard: $3,000;
    www.moneynews.com/StreetTalk/evans-pritchard-gold-price/2010/05/26/id/360175
  19. John Williams: $3,000;
    www.telegraph.co.uk/finance/personalfinance/investing/gold/4967209/Gold-Inflation-will-beat-deflation-and-gold-will-hit-3000.html
  20. Byron King: $3,000;
    www.whiskeyandgunpowder.com/gold-is-going-to-3000-get-some-physical-gold/
  21. Bob Chapman: $3,000 (by 2011);
    www.bobchapman.blogspot.com/2010/05/gold-will-go-to-75-and-gold-to-3000.html                              
  22. Ron Paul: $3,000 (by 2020);                                                                                                                    www.online.wsj.com/article/SB10001420452970203917304574415193376917198.html                                  
  23. Chris Weber: $3,000 (by 2020);
    www.kitco.com/ind/Weber/dec052006.html                                                                                                               
  24. Mark Leibovit: $3,000;                                                                                                                    http://www.moneyshow.com/investing/articles.asp?aid=GURU-18082&scode=016208                           
  25. Mark O’Byrne: $3,000;                                                                                                                          www.marketwatch.com/story/conditions-for-gold-rally-could-crush-other-assets-2009-12/18                 
  26. Kevin Kerr: $3,000;                                                                                                                                 www.marketwatch.com/story/conditions-for-gold-rally-could-crush-other-assets-2009-12/18

Cumulative sub-total: 110

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

  1. Ian McAvity: $2,500 – $3,000 (by 2012);
    www.mineweb.co.za/mineweb/view/mineweb/en/page33?oid=106419&sn=Detail&pid=102055
  2. Jeff Nichols: $2,000 – $3,000;
    www.mineweb.com/mineweb/view/mineweb/en/page34?oid=99961&sn=Detail&pid=1
  3. Graham French: $2,000 – $3,000;
    www.telegraph.co.uk/finance/personalfinance/investing/gold/7743787/Gold-bulls-claim-price-could-double-to-3000-in-five-years.html                                                                                                                              
  4. Bank of America Merrill Lynch: $2,000 – $3,000;                                                                                         www.pragcap.com/bank-of-anericas-5-favorite-trades-for-2011
  5. Joe Foster: $2,000 – $3,000 (by 2019);
    www.thegoldbubble.blogspot.com/2010/07/joe-foster-gold-above-3000-in-couple-of.html                        
  6. David Morgan: $2,900;                                                                                              news.goldseek.com/Silverinvestor/1204614180.php
  7. Sascha Opel: $2,500+;
    www.mineweb.com/mineweb/view/mineweb/en/page33?oid=79363&sn=Detail
  8. Rick Rule: $2,500 (by 2013);
    www.mineweb.com/mineweb/view/mineweb/en/page33?oid=107168&sn=Detail&pid=102
  9. Daniel Brebner: $2,500;
    www.midasletter.com/news/09031105_UBS-bullish-on-gold-price-nearing-2500-dollars.php                
  10. James DiGeorgia: $2,500; goldnews.bullionvault.com/Goldbug/gold_price/2500_on_the_cards_by_2011_18498409                     
  11. Peter Hambro: $2,500 (by 2012);                                                                                                        www.businessweek.com/news/2010-10/05/gold-could-reach-1-500-by-christmas                                       
  12. Charles Nenner: $2,500 (by 2012 – 13);                                                                                        www.fundmanagernews.com/charles-nenner-2010-forecast

Grand Total: 122

Conclusion
There you have it. Who would have believed that so many distinguished analysts would maintain that gold and by implication, silver, (see my article www.munknee.com/2010/01/historical-goldsilver-ratios-suggest-silver-could-reach-200-heres-why/ for details) 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. I have identified 83 analysts with such views and look forward to your assistance in adding to that number.

If we are to put any credence whatsoever into the rationale presented by the above analysts then it seems prudent for us to own some physical gold and silver in order to shield ourselves from future rampant inflation and currency devaluations and to ensure an outstanding return on our investment.

Yes, indeed, “Got Gold?”

Editor’s Note:

  • Permission to reprint in whole or in part is gladly granted, provided full credit is given as per paragraph 2 above.
  • Sign up to receive every article posted via Twitter, Facebook, RSS feed or our FREE Weekly Newsletter.
  • Submit a comment. Share your views on the subject with all our readers.

Gold