Sunday , 22 October 2017


These 123 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!

 

Believe it or not but I have identified 123 economists, academics, gold analysts and market commentators who have developed sound rationale as to why gold could quite possibly go to a parabolic top of at least $2,500 an ounce to even as much as an unimaginable $15,000 before the bubble finally pops! Words: 705

Lorimer Wilson, Editor of www.FinancialArticleSummariesToday.com and  www.munKNEE.com, identifies the 123 analysts below 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. 

When I first began writing about such projections (http://www.munknee.com/2010/06/why-many-analysts-see-gold-going-as-high-as-10000/) I was satisfied with identifying 10 individuals who were of the opinion that gold would attain a peak of $2,500 or more. That list has grown to 123 (see below) of which 84 believe that $5,000 or more for gold is likely.

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Please Note: That list of 123 analysts is now up to 133 and counting. To get the up-to-date article please go here

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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 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 ounce, accompanied by sound reasons, will be considered.

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. Dr. 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

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);
    www.munknee.com/2010/06/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);
    www.munknee.com/2010/06/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/Barry_Dawes_Projects_Gold_To_Reach_5000oz_At_The_Resources_Investment_Expo_In_Brisbane.html
  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-4
  34. Harry Schultz: $6,000;
    www.moneynews.com/StreetTalk/harry-shultz-deflation-hyperinflation/2010/06/11/id/361725?s=al&promo_code=A0D6-1
  35. John Bougearel: $6,000;                                                                                                                                          www.benzinga.com/print/490392
  36. David Tice: $5,000 – $6,000;                                                                                                                           www.moneynews.com/PrintTemplatenodeid=378538
  37. Laurence 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.wealthdaily.com/articles/the-us-dollar-will-collapse-in 24-months/2886

Cumulative sub-total: 51

These 32 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 Edelson: $2,300 – $5,000 (by 2015);                                                                                                       www.munknee.com/2010/08/gold-will-go-to-5000-and-the-dow-to-above-27000-by-2015/
  30. Luke Burgess: $2,000 – $5,000;                                                                                                                    www.wealthdaily.com/articles/gold-etfs/2409
  31. 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
  32. Marc Faber: $1,500 – $5,000                                                                                   www.goldnews.bullionvault.com/gold_marc_faber_010420102

Cumulative sub-total: 83

These 28 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/2010/06/the-long-wave-cycle-of-winter-is-coming/
  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. Ian McAvity: $2,500 – $3,000 (by 2012);
    www.mineweb.co.za/mineweb/view/mineweb/en/page33?oid=106419&sn=Detail&pid=102055
  26. Jeff Nichols: $2,000 – $3,000;
    www.mineweb.com/mineweb/view/mineweb/en/page34?oid=99961&sn=Detail&pid=1
  27. 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
  28. Joe Foster: $2,000 – $3,000 (by 2019);
    www.thegoldbubble.blogspot.com/2010/07/joe-foster-gold-above-3000-in-couple-of.html
  29. Sascha Opel: $2,500+;
    www.mineweb.com/mineweb/view/mineweb/en/page33?oid=79363&sn=Detail
  30. Rick Rule: $2,500 (by 2013);
    www.mineweb.com/mineweb/view/mineweb/en/page33?oid=107168&sn=Detail&pid=102
  31. Daniel Brebner: $2,500;
    www.midasletter.com/news/09031105_UBS-bullish-on-gold-price-nearing-2500-dollars.php

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 http://www.munknee.com/2010/07/silver%e2%80%99s-historical-correlation-with-gold-suggests-a-parabolic-top-as-high-as-714-per-ounce/ 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.

11 comments

  1. > To: editor@munknee.com
    >
    > Your essay about gold’s worth in U.S. dollars mainly shows that it is
    > any ones guess as to how worthless fiat money will be at some future
    > date. That it will be more worthless than at present is a given.
    >
    > Gold, however, remains the same-it is the measurement thereof that
    > changes. Since there is no finite measuring stick the speculation is
    > really about the relative confidence in fiat money with the passage of
    > time.
    >
    > All fiat money decreases in value toward zero. As confidence varies
    > so does that value- which merely reflects the speed at which said
    > value approaches zero.
    >
    > Your 72 man poll is really their guesses as to how fast confidence
    > will be lost-I have sure as hell lost mine!
    >
    > Thanks, jack

  2. From: LilTree4
    To: editor@munknee.com

    Jim Sinclair
    Peter Grandich
    Roger Wiegand

    • From: Lorimer Wilson
      To: liltree4

      Jim Sinclair: $1,650 (not on list because below set minimum of $2,500)

      Peter Grandich: gold going higher but he is not specific as to future price

      Roger Weiland: silver going to a minimum of $50 but no set price for gold

      Thanks for your interest.

  3. From: bmhudson
    To: editor@munknee.com

    Dear Sir,

    I found your article…interesting, and not surprising. You have asked if there was maybe a name missing from the list. I would like to know what Peter Grandich is thinking. I do beleive he is maybe the canary in the mine when it comes to these types of predictions. Also, I would like to add, as much as I respect James Turk and Mary Anne and Pamela Aden, why the big spread between the two? I look forward to hearing from you.

    Regards
    Bruce

    • While Grandich says gold is going higher he is care not to give a specific prediction. If he ever does i will be sure to add it to the list.

      As for the variance between the Aden sisters and Turk I can not determine exactly why the discrepancy. For that matter I don’t know why such projections are so great with all the others either.

  4. From: edtano
    To: editor@munknee.com

    L Wilson
    I think the most important and accurate Gold outlook is the one by Martin Armstrong. I have followed him for years and still do even while he is in prison. He still writes current reports from prison. His story is a very sad story in America. You can find his latest reports on http://www.martinarmstrong.org

  5. From: Rich Goddard
    To: editor@munknee.com

    sounds like gold is going down

  6. Surprised that you didn’t have Peter George on your list‏

    From: Richard Pawley
    To: editor@munknee.com

    Dear Mr. Wilson,
    I wouldn’t make it on this list because I have only been saying that gold would “exceed seventeen hundred dollars per ounce” but I have been saying that since 1992 so I think that I might have been a bit earlier than some of these esteemed gentlemen. Of course I have had some special insight such as does Peter George.
    Peter George of South Africa told me around 2005 that he expected gold to go to $3,800.
    I do not believe that silver is going to do what most have been saying it will do for the past 25 years either. It will go up because everything will go up. A little might be a good idea but I’d just as soon have vacuum packed cans of coffee or freeze dried cooked ground beef then a lot of silver.

  7. From: W.D. Stainton
    To: editor@munknee.com

    Franklin Sanders, The Moneychanger, says:

    Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; …

  8. From: Borowsky, Kevin
    To: editor@munknee.com (editor@munknee.com)

    Could you also post those analysts who see gold going DOWN significantly (at least in the short or medium term)?

  9. A reader sent me the following:
    I see a lot of PM promoters forecasting incredible highs for gold and silver.
    Your clients would be better served by warning them about the unfair tax form
    filing–in 2012–for any PM sale > $600. Or the unfair 28% capital gains tax
    on PM sales(vs 15% on stocks). Everyone involved with PMs needs to lobby
    for tax-law changes.