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.