Analysts' Consensus Picks for Most Promising Gold Mining, Silver Mining & PM Streaming Companies (+2K Views) - munKNEE.com
Saturday , 16 January 2021

Analysts’ Consensus Picks for Most Promising Gold Mining, Silver Mining & PM Streaming Companies (+2K Views)

We have been following analyst predictions for gold & silver mining stocks and precious metals streaming companies on171686-gold-silver-bars Yahoo.com for some time now. In this article we document their current consensus price targets and take note of recent target changes where applicable.

So writes Itinerant in excerpts from his exclusive posting on seekingalpha.com entitled Precious Metal Analyst Watch – April Edition.

This post is presented compliments of Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and the Intelligence Report newsletter (It’s free – sign up here).

In the article, which can be read in its entirety here (it can not be reposted as it would infringe on the arrangement the author has with seekingalpha.com), Itinerant goes on to say:

We prepared three individual tables with our data:

  1. one for gold mining companies,
  2. one for silver mining companies; and
  3. one for precious metal streaming companies.

These three tables are displayed below with comments given below each table.

Parting Shot

Judging from the data provided by analysts the picks for the three categories for April would have to be (continue reading)

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7. The Future For Gold Mining Stocks – Short, Medium & Long Term

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8. 3 Critical Drivers for Gold, Silver & Their Relative Securities

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< p>< p>< noscript>”gold-bar5″I am not predicting a future price of gold or the date that gold will trade at $4,000, but I am making a projection based on rational analysis that indicates a likely time period for gold to trade at $4,000 per troy ounce. Yes, $4,000 gold is completely plausible if you assume the following:

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17. New Analysis Suggests a Parabolic Rise in Price of Gold to $4,380/ozt.

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< p>< p>< p>< p>< noscript>”gold-bars4″According to my 2000 calculations, if interest rates and inflation stay constant over the next 2 years, we could expect to see (with 95.2% certainty) a parabolic peak price for gold of $4,380 per troy ounce by then! Let me explain what assumptions I made and the methods I undertook to arrive at that number and you can decide just how realistic it is. Words: 740

18. The Future Price of Gold and the 2% Factor

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< p>< p>< p>< p>< noscript>””It is my contention that the price of gold rallies whenever the U.S. dollar’s real short-term interest rate is below 2%, falls whenever the real short rate is above 2%, and holds steady at the equilibrium rate of 2%. Furthermore, for every one percentage point real rates differ from 2%, gold moves by eight times that amount per year. So if the real rates are at 1%, gold will move up at an 8% annualized rate. If real rates are at 0%, then gold will move up at a 16% rate (that’s been about the story for the past decade). Conversely, if the real rate jumps to 3%, then gold will drop at an 8% rate. [Let me explain.] Words: 982

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< p>< p>< p>< p>< noscript>”gold-bars4″This is not a typical bull market. Gold is not rising in value, but instead, currencies are losing purchasing power against gold and, therefore, gold can rise as high as currencies can fall. Since currencies are falling because of increasing debt, gold can rise as high as government debt can grow. Based on official estimates, America’s debt is projected to reach $23 trillion in 2015 and, if its correlation with the price of gold remains the same, the indicated gold price would be $2,600 per ounce. However, if history is any example, it’s a safe bet that government expenditure estimates will be greatly exceeded, and [this] rising debt will cause the price of gold to rise to $10,000…over the next five years. (Let me explain further.] Words: 1767

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21. These 40+ Analysts See Gold Going to $5-6,000 (on average) By Late 2014/Early 2015

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