How long these low prices in gold and silver will continue is the ever pressing question on the minds of the gold and silver community and topic of so many articles written by the experts. While many have striven to provide an answer, and 2013 failed to match the “predictions” as to the “When?” issue, the best answer is: For as long as it takes. Here's why.
Read More »Gold Price Forecasts (Update): $5,000 to $11,000 In 2 to 5 Years (+12K Views)
During 2011 into 2013 I kept a record of those individuals who expected gold to rise substantially in the coming years and presented updated summaries in a number of articles (see links below). Below are additional or recently updated forecasts by 11 prognosticators whose projections are surprisingly consistent, on average, with previous such estimates.
Read More »Jim Willie: Gold Will Rise to $5,000/ozt. and Beyond & Silver Will Rise Multiples Higher (+5K Views)
In the last several months, the world economic crisis has entered a new elevated level of perma-crisis and constant tension, widely recognized as something more serious, more dangerous, and more risk-filled. This new normal is neither without resolution nor the attempt to resolve anything and, as such, is why the price of gold will rise to $5,000 per troy ounce, then higher, and at the same time, the silver price will rise multiples higher. Let me explain.
Read More »Gold Going to $5,000 & Possibly MUCH More – Here’s Why (+2K Views)
Longer term, I think gold goes to $5,000 over a number of years. If they continue to print money at the current rate, I think it could be multiples of that. I see a slow steady rise punctuated with some sharp upward moves.
Read More »Noonan: Forget About $5,000+ Gold; It Ain’t Goin’ Happen Any Time Soon! (+2K Views)
Tell us where in the charts below there are any indications that the “true” value for gold should be in the $5,000 – $10,000 per troy ounce range, or silver in the $100 – $300 range. If you see extraordinary bullish signs within them, let us know, because we certainly keep looking and cannot find any needle in these “haystack” charts!
Read More »We Told You So! Gold @ $1,200 & Silver @ $19 Is NO Surprise – Here’s Why (+3K Views)
Don't you just hate that gloating expression "I told you so!" Well, unfortunately some analysts had the foresight to forecast prices of $1,200 per troy ounce (or less!) and $19 silver several months ago.
Read More »Peter Schiff: Gold’s Foremost Cheerleader Called Up Short! (+2K Views)
The old adage “history repeats itself” has been applied to all facets of the investing world...and Peter Schiff believes that the phrase points the path to a major run up in gold that few investors will be counting on. [The truth of the matter, however, is that,] while there are some striking similarities between today and the mid-’70s, our current economy is unlike what anyone has ever seen. We are truly wading into uncharted territory and it is nearly impossible to definitively say where we will be heading next.
Read More »Gold Watch: 6 Forecasters Who Got It Terribly Wrong (+3K Views)
Many analysts believe they have insights that enable them to predict the future. They forecast gold going anywhere from $2,600 to $5,000 before the end of 2012 or by the end of 2013 at the latest. Unfortunately, the reading public quickly forgot their prognostications and continue to put credence in their latest crystal ball predictions. This site has decided to call their number. Below is a list of those bold enough to forecast the price of gold reaching a particular price by a specific date and missing the mark.
Read More »New Analysis Suggests Gold Going to $3,495 in 2013, $6,233 in 2014 and Peaking at $31,672 in 2015! (+2K Views)
Nick Laird has put together an Elliott Wave theory prediction using ‘The Golden Mean’ & ‘Fibonacci Sequences’ to arrive at future prices for gold...which he is hopeful will serve as 'a roadmap which gold may take as it climbs to new highs'. See the chart below. Words: 625
Read More »Campbell: Balanced Opinions Regarding Gold & Silver are Paramount – Here’s Why
If you hold, or are considering holding, physical gold or silver or both, [it is imperative that you] read as many 'balanced opinions' as you possibly can with respect to ownership of each. [Here's why]. Words: 337
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