125 Analysts Believe Gold Will Go Parabolic To Somewhere Between $2,500 and $15,000! January 11, 2011 by Editor Believe it or not but I have identified 122 economists, academics, gold 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 125 prognosticators 86 –yes, 86 – believe gold could reach a high of $5,000; 52 of those maintain that a price in excess of $5,000 is more likely. Lorimer Wilson, Editor of www.FinancialArticleSummariesToday.com and www.munKNEE.com, identifies the 125 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. 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=2241359014G1002 0&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 These 46 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/2010/11/gold-going-to-parabolic-top-of-10000-by-2012-%e2%80%93-for-goodreasons/ 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-8000a.html 8. David Petch: $6,000 – $10,000; www.financialsense/fsu/editorials/petch/2008/0304b.html 125 Analysts Believe Gold Will Go Parabolic To Somewhere Between $2,500 and $15,000! 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.munknee.com/2010/09/10-reasons-gold-could-go-to-10000-in-the-next-12-months/ 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-priceobjective.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-realtruth-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-anounce.aspx 19. Paul Brodsky: $8,000; www.wildfirestocks/2010/11/brodsky-on-gold 20. James Turk: $8,000 (by 2015); 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. Bob Chapman: $7,700; bobchapman.blogspot.com/2010/12/bob-chapman-on-national-intel-report_08.html 23. Michael Rozeff: $2,865 – $7,151; www.marketoracle.co.uk/Article14168.html www.lewrockwell.com/rozeff/rozeff16.html 24. JimWillie: $7,000; www.silver-investor.com/blog/silver-investor-bloggers-gold/hidden-dollar-swap-hammer-by-jimwillie-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 125 Analysts Believe Gold Will Go Parabolic To Somewhere Between $2,500 and $15,000! 29. Aubie Baltin: $6,200 (by 2017); www.24hgold.com/english/contributor.aspx?rss=true&article=2158395926G10020&redirect=false&c ontributor=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-suppressionfailures-flash-buy-signals-part-4 34. Harry Schultz: $6,000; www.moneynews.com/StreetTalk/harry-shultz-deflationhyperinflation/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-newsblog/ecvon.php?article=1431 42. Jeremy Charlesworth: $5,000+; www.telegraph.co.uk/finance/personalfinance/investing/gold/7803924/Silver-will-outperformgold.html 43. Przemyslaw Radomski: $5,000+; www.marketoracle.co.uk/Article22629.html 44. Jason Hamlin: $5,000+; www.goldstockbull.com/articles/time-to-sell-goldstocks 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/ 46. David McAlvany: $5,000+ www.moneyshow.com/video/details.asp?wkspid-6E59C871423A4626B Cumulative sub-total: 52 These 34 Analysts Believe Gold Price Could Go As High As $5,000 125 Analysts Believe Gold Will Go Parabolic To Somewhere Between $2,500 and $15,000! 1. David Rosenberg: $5,000; www.zerohedge.com/article/rosenberg-pattern-would-suggest-test-5000-dow-same-time-gold-5000too 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-timehigh/ 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-5years 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-recordupdate1html 16. Marvin Clark: $5,000 (by 2015); www.seekingalpha.com/article/221514-will-the-price-of-gold-reach5000 17. Eric Sprott: $5,000; www.goldalert.com/2010/11/sprott-could-imagine-5000-gold 18. Nathan Narusis: $5,000; www.communities.canada.com/vancouversun/print.aspx?postid=727928 19. Bud Conrad: $4,000 – $5,000; www.online.wsj.com/article/SB10001424052748704792104575264863069565780.html 20. Paul Mylchreest: $4,000 – $5,000; www.gata.org/files/RedburnPartnersGoldReport_11-12-2007.pdf 21. Pierre Lassonde: $4,000 – $5,000; www.commodityonline.com/news/Panic-effect-could-push-Gold-to-$4000-or-$5000-11770-3-1.html 125 Analysts Believe Gold Will Go Parabolic To Somewhere Between $2,500 and $15,000! 22. Willem Middelkoop: $4,000 – $5,000; www.youtube.com/watch?v=lvFSyS985I8 23. Mary Anne and Pamela Aden: $3,000 – $5,000 (by February 2012); www.adenforecast.com/articlesInterviewDetail.php?id_publicacion=19 24. 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 25. Goldrunner: $3,000 – $5,000 (by 2012); www.goldeagle.com/editorials/08/goldrunner022308pv.html 26. Bill Murphy: $3,000 – $5,000; www.gata.org/8960 27. Bill Bonner: $3,000 – $5,000; www.equitymaster.com/dailyreckoning/detail.asp?date=9/30/2010&story=1 28. Peter Degraaf: $2,500 – $5,000; www.kitco.com/ind/degraaf/sep182008.html 29. Eric Janszen: $2,500 – %5,000; www.itulip.com/forums/showthread.php/15580-Before-the-FIRE-Gold-Update-Is-1-237-the-new-720Eric-Janszen?s=e262248557652f4215a3f903694790d4 30. Larry Jeddeloh: $2,300 – $5,000 (by 2013); www.omegafunds.ca 31. 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/ 32. Luke Burgess: $2,000 – $5,000; www.wealthdaily.com/articles/goldetfs/2409 33. Jim Sinclair: $3,000 – $5,000 by June/11); www.arabianmoney.net/gold-silver/2010/09/08/jmsinclair-on-why-gold-is-going-to-1650-by-earlyjanuary 34. Marc Faber: $1,500 – $5,000 www.goldnews.bullionvault.com/gold_marc_faber_010420102 Cumulative sub-total: 86 These 27 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. Larry Reaugh: $4,000+; www.commodityonline.com/printnews.php?news_id=35440 3. Mike Knowles: $4,000; www.stockmarketweekly.com/newsletters/1546-what-is-the-kondratieff-cycle-telling-us-now%20/ 4. Ian Gordon/Christopher Funston: $4,000; www.munknee.com/2010/06/the-long-wave-cycle-of-winter-is-coming/ 5. Barry Elias: $4,000; (by 2020); www.moneynews.com/PrintTemplate?nodeid=382133 6. Jay Taylor: $3,000 – $4,000; www.thedailybell.com/413/Jay-Taylor-deflation-inflationhyperinflation.html 125 Analysts Believe Gold Will Go Parabolic To Somewhere Between $2,500 and $15,000! 7. Christian Barnard: $2,500 – $4,000; www.financialpost.com/Gold+bull+could+another+months/3872891/story.html 8. John Paulson: $2,400 – $4,000 (by 2012); www.goldalert/2010/09/gold-price-4000paulson/ 9. Myles Zyblock: $3,800; www.munknee.com/2010/11/mania-territory-for-gold-is-comingsoon/ 10. Eric Roseman: $2,500 – $3,500 (by 2015); www.worldcurrencywatch.com/2010/04/08/the-still-unpaid-price-of-the-global-bailout/ 11. Christopher Wood: $3,360; www.marketoracle.co.uk/Article12906.html11 12. Franklin Sanders: $3,130; www.the.moneychanger.com/daily/DailyFile5.htm 13. John Henderson: $3,000+ (by 2015-17); www.seekingalpha.com/article/160592-gold-1200-by-year-end-1500-in-2010-3000-by-2015-2017 14. Michael Berry: $3,000+ (by 2015); www.mineweb.com/mineweb/view/mineweb/en/page32oid=113595&sn=Detail 15. Hans Goetti: $3,000; www.cnbc.com/id/15840232/?video=1043867279&play=1 16. Michael Yorba: $3,000; www.yorbatv.ning.com/forum/topic/show?id=2014856%3ATopic%3A9698 17. David Urban; $3,000; www.seekingalpha.com/article/36315-why-i-believe-gold-will-hit-3000-oz 18. Mitchell Langbert: $3,000; www.mitchell-langbert.blogspot.com/2010/06/is-ride-to-3000-gold-going-to-hit-air.html 19. Brett Arends: $3,000; www.online.wsj.com/article/SB10001424052748704792104575264863069565780.html 20. Ambrose Evans-Pritchard: $3,000; www.moneynews.com/StreetTalk/evans-pritchard-gold-price/2010/05/26/id/360175 21. John Williams: $3,000; www.telegraph.co.uk/finance/personalfinance/investing/gold/4967209/Gold-Inflation-will-beatdeflation-and-gold-will-hit-3000.html 22. Byron King: $3,000; www.whiskeyandgunpowder.com/gold-is-going-to-3000-get-some-physical-gold/ 23. Ron Paul: $3,000 (by 2020); www.online.wsj.com/article/SB10001420452970203917304574415193376917198.html 24. Chris Weber: $3,000 (by 2020); www.kitco.com/ind/Weber/dec052006.html 25. Mark Leibovit: $3,000; http://www.moneyshow.com/investing/articles.asp?aid=GURU-18082&scode=016208 26. Mark O’Byrne: $3,000; www.marketwatch.com/story/conditions-for-gold-rally-could-crush-other-assets-200912/18 27. Kevin Kerr: $3,000; www.marketwatch.com/story/conditions-for-gold-rally-could-crush-other-assets-2009-12/18 125 Analysts Believe Gold Will Go Parabolic To Somewhere Between $2,500 and $15,000! Cumulative sub-total: 113 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-coulddouble-to-3000-in-fiveyears.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-coupleof.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-bychristmas 12. Charles Nenner: $2,500 (by 2012 – 13); www.fundmanagernews.com/charles-nenner-2010-forecast Grand Total: 125 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/2011/01/historicalgoldsilver-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 125 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 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.