These 76 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!


www.FinancialArticleSummariesToday.com

Believe it or not but I have identified 76 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!
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 greater than $2,500. That list has grown to 76 (see below) of which 46 believe that $5,000 or more for gold is likely. I encourage you to check out their articles and their rationale for such high gold prices in the years (and in some cases just months) to come.
Please note: If, in checking out the list below, you find a name or two missing 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. I will provide an updated list at a later date if warranted. Send email to editor@munknee.com.
Higher than $10,000
1. Mike Maloney: $15,000;
http://goldbasics.blogspot.com/2009/09/gold-should-reach-15000-oz-mike-maloney.html
http://goldsilver.com/news/newsID/8538/tPath/2/

2. Howard Katz: $14,000;
http://www.24hgold.com/english/contributor.aspx?contributor=Howard+S.+Katz&article=2241359014G10020&redirect=False

3. Dr. Jeffrey Lewis: $7,000-$14,000;
http://www.silver-coin-investor.com/gold-and-silver.html

4. Jim Rickards: $4,000 – $11,000;
http://www.cnbc.com/id/34038650/Gold_s_Money_Value_is_4_000_to_11_000_Market_Strategist

5. Roland Watson: $10,800 (in our lifetime);
http://www.gold-eagle.com/editorials_05watson081605.html

$5,001 – $10,000
1. Bob Kirtley: $10,000 (by 2011);
http://www.goldeditor.com/wp-content/uploads/editorpdfsimages/Gold-Prices-at-10-000.pdf

2. Arnold Bock: $10,000 (by 2012);
http://www.munknee.com/2010/06/gold-going-to-parabolic-top-of-10000-by-2012-%e2%80%93-for-good-reasons/

3. Porter Stansberry: $10,000 (by 2012);
http://www.kitco.com/ind/stansberry/dec022009.html

4. Tom Fischer: $10,000;
http://gold.approximity.com/gold_price_models_sinclair.html

5. Shayne McGuire: $10,000;
http://www.safehaven.com/article/9572/shayne-mcguire-the-early-innings-of-a-gold-boom

6. Eric Hommelberg: $10,000;
http://www.gold-speculator.com/eric-hommelberg/17257-golds-inflation-adjusted-high-reaches-8000-a.html

7. Jim Willie: $7,000;
http://www.silver-investor.com/blog/silver-investor-bloggers-gold/hidden-dollar-swap-hammer-by-jim-willie-cb/

8. Gerald Celente: $6,000 – $10,000;
http://www.trendsresearch.com/forecast.html

9. Samuel “Bud” Kress: $6,000 (by 2014);
http://www.clifdroke.com/articles/jul10/071910/071910.html

10. Peter Schiff: $5,000 – $10,000 (in 5 to 10 years);
http://www.businessweek.com/magazine/content/10_23/b4181044623002.htm
http://www.commodityonline.com/news/Gold-forecast-Jim-Rogers-Peter-Schiff-or-Roubini-23940-3-1.html

11. Egon von Greyerz: $5,000 – $10,000;
http://www.munknee.com/2010/06/why-many-analysts-see-gold-going-as-high-as-10000/

12. Patrick Kerr: $5,000 – $10,000 (by 2011);
http://www.marketwatch.com/story//a-reality-check-for-investors-mulling-sale-of-gold-2009-11-20

13. Peter Millar: $5,000 – $10,000;
http://www.gata.org/files/PeterMillarGoldNoteMay06.pdf

14. Ben Davies: $5,000 – $10,000;
http://www.zerohedge.com/article/hinde-capitals-ben-davies-gold-market

15. Alf Field: $4,250 – $10,000;
http://www.24hgold.com/english/news-gold-silver-gold-price-objective.aspx?contributor=Alf+Field&article=1440499960G10020&redirect=False
http://www.gold-speculator.com/alf-field/7413-elliot-wave-gold-update-23-a.html
http://jsmineset.com/2009/05/10/alf-field%E2%80%99s-gold-price-predictions/

16. Peter George: $3,500 (by 2011-13); $10,000 (by 2015);
http://news.goldseek.com/GoldSeek/1129126809.php

17. Jeff Nielson: $3,000 – $10,000;
http://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

18. Dennis van Ek: $9,000 (by 2015);
http://goldnews.bullionvault.com/Goldbug/gold_price/gold_prices_could_hit_9000_per_oz_by_2015_18898034

19. James Turk: $8,000 (by 2015);
http://www.munknee.com/2010/06/where-gold-and-silver-will-be-by-2015/

20. Joseph Russo: $7,000 – $8,000;
http://www.financialsense.com/fsu/editorials/russo/2007/0416.html

21. David Petch; $6,000 – $$8,000;
http://www.gold-eagle.com/editorials_05/petch040105.html

22. Michael Rozeff: $2,865 – $7,151;
http://www.marketoracle.co.uk/Article14168.html
http://www.lewrockwell.com/rozeff/rozeff16.html

23. Martin Murenbeeld: $3,100 – $7,000;
http://www.dundeeprecious.com/Theme/Dundee/files/The%20Gold%20Price%20Outlook%20through%202010-%20website.pdf

24. Dylan Grice: $6,300;
http://www.abnnewswire.net/press/en/63123/Barry_Dawes_Projects_Gold_To_Reach_5000oz_At_The_Resources_Investment_Expo_In_Brisbane.htm

25. Aubie Baltin: $6,000 (by 2017);
http://www.24hgold.com/english/contributor.aspx?rss=true&article=2158395926G10020&redirect=false&contributor=Aubie+Baltin

26. Murray Sabrin: $6,153;
http://www.kitco.com/ind/Sabrin/may262009.html

27. Harry Schultz: $6,000;
http://www.moneynews.com/StreetTalk/harry-shultz-deflation-hyperinflation/2010/06/11/id/361725?s=al&promo_code=A0D6-1

28. Lawrence Hunt: $5,000 – $6,000 (by 2019);
http://laurencehunt.blogspot.com/2010/06/gold-invisible-bull-market.html

29. Paul Brodsky/Lee Quaintance: $3,000 – $6,000;
http://www.gold-eage.com/editorials_08/brodsky121208pv.html
http://gata.org/files/QBAssetManagement-07-2009.pdf

$5,000
1. David Rosenberg: $5,000;
http://www.zerohedge.com/article/rosenberg-pattern-would-suggest-test-5000-dow-same-time-gold-5000-too
http://www.investmentpostcards.com/2010/05/16/3000-gold-price-may-yet-prove-conservative-says-rosie/

2. Martin Hutchinson: $5,000 (by end of 2010);
http://www.prudentbear.com/index.php/thebearslairview?art_id=10309
http://www.nytimes.com/2010/05/14/business/economy/14views.html

3. Doug Casey: $5,000;
http://pragcap.com/is-gold-going-to-5000

4. Peter Cooper: $5,000;
http://www.arabianmoney.net/gold-silver/2010/05/12/5000-an-ounce-in-sight-as-gold-its-new-all-time-high/

5. Robert McEwen: $5,000;
http://www.bloomberg.com/apps/news?pid=20601082&sid=ajm6lryLYViQ

6. Martin Armstrong: $5,000 (by 2016);
http://www.businessinsider.com/martin-armstrong-gold-headed-to-5000-and-beyond-2009-16

7. Peter Krauth: $5,000;
http://moneymorning.com/2010/01/14/gold-superspike

8. Tim Iacono: $5,000 (by 2017);
http://seekingalpha.com/article/174088-faber-gold-a-better-buy-than-at-300-oz?source=hp

9. Christopher Wyke: $5,000;
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aF1439PVhAgk

10. Frank Barbera: $5,000;
http://www.theaureport.com/pub/na/1575

11. John Lee: $5,000;
http://goldnews.bullionvault.com/gold_dollar_fiat_currency_fed_confidence_030320082

12. Barry Dawes: $5,000;
http://www.abnnewswire.net/press/en/63123/Barry_Dawes_Projects_Gold_To_Reach_5000oz_At_The_Resources_Investment_Expo_In_Brisbane.html

$2,500 – $5,000
1. Pierre Lassonde: $4,000 – $5,000;
http://www.commodityonline.com/news/Panic-effect-could-push-Gold-to-$4000-or-$5000-11770-3-1.html

2. Mary Anne and Pamela Aden: $3,000 – $5,000 (by February 2012);
http://www.adenforecast.com/articlesInterviewDetail.php?id_publicacion=19

3. James Dines: $3,000 – $5,000;
http://commodityonline.com/news/James-Dines-Dig-gold-out-of-rare-earths-24391-3-1.html

4. Bob Chapman: $3,000 (by 2011);
http://bobchapman.blogspot.com/2010/05/gold-will-go-to-75-and-gold-to-3000.html

5. Larry Edelson: $2300 – $5,000 (by 2012);
http://www.uncommonwisdomdaily.com/two-mandatory-investments-9648?FIELD9=1

6. Luke Burgess: $2,000- – $5,000;
http://www.wealthdaily.com/articles/gold-etfs/2409

7. Ian Gordon/Christopher Funston; $4,000;
http://www.munknee.com/2010/06/the-long-wave-cycle-of-winter-is-coming/

8. D.P. Baker: $3,000 – $3750;
http://www.stockhouse.com/Columnists/2010/Jun/8/Gold-s-next-move-could-be-parabolic
http://news.goldseek.com/GoldSeek/1272548046.php

9. Christopher Wood: $3,500 (in 2010);
http://www.bi-me.com/main.php?id=32459&t=1&c=62&cg=4&mset=1011

10. Adam Hamilton: $3,500 (by 2010-11);
http://www.commodityonline.com/futures-trading/technical/Gold-price-to-hit-$3500-by-201011-13620.html

11. Eric Roseman: $2,500 – $3,500 (by 2015);
http://worldcurrencywatch.com/2010/04/08/the-still-unpaid-price-of-the-global-bailout/

12. John Henderson: $3,000+ (by 2015-17);
http://seekingalpha.com/article/160592-gold-1200-by-year-end-1500-in-2010-3000-by-2015-2017

13. Hans Goetti: $3,000;
http://www.cnbc.com/id/15840232/?video=1043867279&play=1

14. Michael Yorba: $3,000;
http://yorbatv.ning.com/forum/topic/show?id=2014856%3ATopic%3A9698

15. David Tice: $3,000 (by 2012);
http://www.cnbc.com/id/34240489

16. David Urban; $3,000;
http://seekingalpha.com/article/36315-why-i-believe-gold-will-hit-3000-oz

17. Mitchell Langbert: $3,000;
http://mitchell-langbert.blogspot.com/2010/06/is-ride-to-3000-gold-going-to-hit-air.html

18. Brett Arends: $3,000;
http://online.wsj.com/article/SB10001424052748704792104575264863069565780.html

19. Ambrose Evans-Pritchard: $3,000;
http://www.moneynews.com/StreetTalk/evans-pritchard-gold-price/2010/05/26/id/360175

20. Trader Mark: $3,000 (by mid-2011);
http://www.ibtimes.com/articles/25200/20100526/if-gold-gld-tracks-nasdaq-housing-peaks-its-headed-to-3000-in-18-months.htm

21. John Williams: $3,000;
http://www.telegraph.co.uk/finance/personalfinance/investing/gold/4967209/Gold-Inflation-will-beat-deflation-and-gold-will-hit-3000.html

22. Louise Yamada: $3,000 (by 2016-17);
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a5UuCcOL6nt4&refer=latin_america

23. Byron King: $3,000;
http://whiskeyandgunpowder.com/gold-is-going-to-3000-get-some-physical-gold/

24. ThumbCharts.com: $3,000;
http://www.thumbcharts.com/1300/gold-at-3000-only-if-bubbles-repeat

25. Ian McAvity: $2,500 – $3,000 (by 2012);
http://www.mineweb.co.za/mineweb/view/mineweb/en/page33?oid=106419&sn=Detail&pid=102055

26. Jeff Nichols: $2,000 – $3,000;
http://www.mineweb.com/mineweb/view/mineweb/en/page34?oid=99961&sn=Detail&pid=1

27. Graham French: $2,000 – $3,000;
http://www.telegraph.co.uk/finance/personalfinance/investing/gold/7743787/Gold-bulls-claim-price-could-double-to-3000-in-five-years.html

28. Sascha Opel: $2,500+;
http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=79363&sn=Detail

29. Rick Rule: $2,500 (by 2013);
http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=107168&sn=Detail&pid=102

30. Daniel Brebner: $2,500;
http://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 76 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?”
Lorimer Wilson is the Editor of both www.FinancialArticleSummariesToday.com and www.munKNEE.com. He can be reached by sending an email to editor@munknee.com