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Thread: These 72 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!

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    These 72 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!

    These 72 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!




    -- Posted Monday, 19 July 2010 | Digg This Article | Share this article| Source: GoldSeek.com



    By: Lorimer Wilson

    Believe it or not but I have identified 72 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-m...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 72 (see below) of which 44 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/...e-maloney.html

    http://goldsilver.com/news/newsID/8538/tPath/2/



    2. Howard Katz: $14,000;

    http://www.24hgold.com/english/contr...redirect=False



    3. Silver-Coin-Investor.com: $7,000-$14,000;

    http://www.silver-coin-investor.com/...nd-silver.html



    4. Jim Rickards: $4,000 – $11,000;

    http://www.cnbc.com/id/34038650/Gold...ket_Strategist



    5. Roland Watson: $10,800 (in our lifetime);

    http://www.gold-eagle.com/editorials...son081605.html



    $5,001 – $10,000

    1. Bob Kirtley: $10,000 (by 2011);

    http://www.goldeditor.com/wp-content...-at-10-000.pdf



    2. Arnold Bock: $10,000 (by 2012);

    http://www.munknee.com/2010/06/gold-...-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_pri..._sinclair.html



    5. Shayne McGuire: $10,000;

    http://www.safehaven.com/article/957...of-a-gold-boom



    6. Eric Hommelberg: $10,000;

    http://www.gold-speculator.com/eric-...es-8000-a.html



    7. Gerald Celente: $6,000 – $10,000;

    http://www.trendsresearch.com/forecast.html



    8. Peter Schiff: $5,000 – $10,000 (in 5 to 10 years);

    http://www.businessweek.com/magazine...1044623002.htm

    http://www.commodityonline.com/news/...23940-3-1.html



    9. Egon von Greyerz: $5,000 – $10,000;

    http://www.munknee.com/2010/06/why-m...high-as-10000/



    10. Patrick Kerr: $5,000 – $10,000 (by 2011);

    http://www.marketwatch.com/story//a-...old-2009-11-20



    11. Peter Millar: $5,000 – $10,000;

    http://www.gata.org/files/PeterMillarGoldNoteMay06.pdf



    12. Alf Field: $4,250 – $10,000;

    http://www.24hgold.com/english/news-...redirect=False

    http://www.gold-speculator.com/alf-f...date-23-a.html

    http://jsmineset.com/2009/05/10/alf-...e-predictions/



    13. Peter George: $3,500 (by 2011-13); $10,000 (by 2015);

    http://news.goldseek.com/GoldSeek/1129126809.php



    14. Jeff Nielson: $3,000 – $10,000;

    http://www.bullionbullscanada.com/in...ary&Itemid=131



    15. Dennis van Ek: $9,000 (by 2015);

    http://goldnews.bullionvault.com/Gol...old_price/gold prices_could_hit_9000_per_oz_by_2015_18898034



    16. James Turk: $8,000 (by 2015);

    http://www.munknee.com/2010/06/where...ll-be-by-2015/



    17. Joseph Russo: $7,000 – $8,000;

    http://www.financialsense.com/fsu/ed...2007/0416.html



    18. David Petch; $6,000 – $$8,000;

    http://www.gold-eagle.com/editorials...tch040105.html



    19. Michael Rozeff: $2,865 – $7,151;

    http://www.marketoracle.co.uk/Article14168.html

    http://www.lewrockwell.com/rozeff/rozeff16.html



    20. Martin Murenbeeld: $3,100 – $7,000;

    http://www.dundeeprecious.com/Theme/...%20website.pdf



    21. Dylan Grice: $6,300;

    http://www.abnnewswire.net/press/en/..._Gold_To_Reach _5000oz_At_The_Resources_Investment_Expo_In_Brisba ne.htm



    22. Aubie Baltin: $6,000 (by 2017);

    http://www.24hgold.com/english/contr...r=Aubie+Baltin



    23. Murray Sabrin: $6,153;

    http://www.kitco.com/ind/Sabrin/may262009.html



    24. Harry Schultz: $6,000;

    http://www.moneynews.com/StreetTalk/...mo_code=A0D6-1



    25. Paul van Edeen: $6,000;

    http://paulvaneeden/Dr.murenbeelds.g...he.coming.year



    26. Lawrence Hunt: $5,000 - $6,000 (by 2019);

    http://laurencehunt.blogspot.com/201...ll-market.html



    27. Paul Brodsky/Lee Quaintance: $3,000 – $6,000;

    http://www.gold-eage.com/editorials_...y121208pv.html

    http://gata.org/files/QBAssetManagement-07-2009.pdf



    $5,000

    1. David Rosenberg: $5,000;

    http://www.zerohedge.com/article/ros...-gold-5000-too

    http://www.investmentpostcards.com/2...ve-says-rosie/



    2. Martin Hutchinson: $5,000 (by end of 2010);

    http://www.prudentbear.com/index.php...w?art_id=10309

    http://www.nytimes.com/2010/05/14/bu...y/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-sil...all-time-high/



    5. Robert McEwen: $5,000;

    http://www.bloomberg.com/apps/news?p...d=ajm6lryLYViQ



    6. Martin Armstrong: $5,000 (by 2016);

    http://www.businessinsider.com/marti...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/1740...0-oz?source=hp



    9. Christopher Wyke: $5,000;

    http://www.bloomberg.com/apps/news?p...d=aF1439PVhAgk



    10. Frank Barbera: $5,000;

    http://www.theaureport.com/pub/na/1575



    11. John Lee: $5,000;

    http://goldnews.bullionvault.com/gol...ence_030320082



    12. Barry Dawes: $5,000;

    http://www.abnnewswire.net/press/en/...Gold_To_Reach_ 5000oz_At_The_Resources_Investment_Expo_In_Brisban e.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/articles...publicacion=19



    3. Bob Chapman: $3,000 (by 2011);

    http://bobchapman.blogspot.com/2010/...d-to-3000.html



    4. Larry Edelson: $2300 – $5,000 (by 2012);

    http://www.uncommonwisdomdaily.com/t...-9648?FIELD9=1



    5. Luke Burgess: $2,000- – $5,000;

    http://www.wealthdaily.com/articles/gold-etfs/2409



    6. Ian Gordon/Christopher Funston; $4,000;

    http://www.munknee.com/2010/06/the-l...ter-is-coming/



    7. D.P. Baker: $3,000 – $3750;

    http://www.stockhouse.com/Columnists...d-be-parabolic

    http://news.goldseek.com/GoldSeek/1272548046.php



    8. Christopher Wood: $3,500 (in 2010);

    http://www.bi-me.com/main.php?id=324...cg=4&mset=1011



    9. Adam Hamilton: $3,500 (by 2010-11);

    http://www.commodityonline.com/futures-trading/technical/Gold-price-to-hit-$3500-by-201011-13620.html



    10. Eric Roseman: $2,500 – $3,500 (by 2015);

    http://worldcurrencywatch.com/2010/0...lobal-bailout/



    11. John Henderson: $3,000+ (by 2015-17);

    http://seekingalpha.com/article/1605...0-by-2015-2017



    12. Hans Goetti: $3,000;

    http://www.cnbc.com/id/15840232/?vid...3867279&play=1



    13. Michael Yorba: $3,000;

    http://yorbatv.ning.com/forum/topic/...3ATopic%3A9698



    14. David Tice: $3,000 (by 2012);

    http://www.cnbc.com/id/34240489



    15. David Urban; $3,000;

    http://seekingalpha.com/article/3631...ll-hit-3000-oz



    16. Michael Lambert: $3,000;

    http://mitchell-langbert.blogspot.co...o-hit-air.html



    17. Brett Arends: $3,000;

    http://online.wsj.com/article/SB1000...069565780.html



    18. Ambrose Evans-Pritchard: $3,000;

    http://www.moneynews.com/StreetTalk/...5/26/id/360175



    19. Trader Mark: $3,000 (by mid-2011);

    http://www.ibtimes.com/articles/2520...-18-months.htm



    20. John Williams: $3,000;

    http://www.telegraph.co.uk/finance/p...-hit-3000.html



    21. Byron King: $3,000;

    http://whiskeyandgunpowder.com/gold-...physical-gold/



    22. ThumbCharts.com: $3,000;

    http://www.thumbcharts.com/1300/gold...bubbles-repeat



    23. Ian McAvity: $2,500 – $3,000 (by 2012);

    http://www.mineweb.co.za/mineweb/vie...ail&pid=102055



    24. Jeff Nichols: $2,000 – $3,000;

    http://www.mineweb.com/mineweb/view/...n=Detail&pid=1



    25. Graham French: $2,000 – $3,000;

    http://www.telegraph.co.uk/finance/p...ive-years.html



    26. Sascha Opel: $2,500+;

    http://www.mineweb.com/mineweb/view/...9363&sn=Detail



    27. Rick Rule: $2,500 (by 2013);

    http://www.mineweb.com/mineweb/view/...Detail&pid=102



    28. Daniel Brebner: $2,500;

    http://www.midasletter.com/news/0903...00-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/silve...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 72 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


    -- Posted Monday, 19 July 2010
    Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
    Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon

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    Re: These 72 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!

    They missed one of the most important authorities on Gold going parabolic, our friend FOFOA~! What i find most amusing is that all these analyst value gold in $'s. It would be better to think how many ounces will it take to buy common items. Like the gold to median house price ratio, watch it fall! If gold is $15,000 an ounce, who will cares what that translates to in dollars, at that point in time dollars will be worthless. If one was looking for an exit strategy (convert out of gold) then buy up art, land, and any business that is left standing at that time.
    Be cool,<br />Answer2me

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    Re: These 72 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!

    Half those analysts are members of the banking tribe. Bankers hold most of the gold. What gold does depends largely on how they play it.

    So what is really worth analyzing is what SILVER will do.

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    Re: These 72 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!

    Throw out the opinion of the Aden sisters. I've met them, and between the two, they don't have half a brain. But, amazingly, they've found a market for their opinion, even though it must be largely plagiarized from others in the field.

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    Re: These 72 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,0

    Quote Originally Posted by hoarder
    So what is really worth analyzing is what SILVER will do.
    Silver should remain stable at 18-20 oz... :P

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    Re: These 72 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!

    The Aden sisters have been in business for about thirty years without ever establishing much of a reputation good or bad.

    Silver "should" do a lot of things, but it has a remarkable ability to break your heart if you bet on it doing what it should.

    $USD/oz doesn't mean much. You can generate any number just by choosing the inputs. For example in 2002 one fellow pointed out that if Russia were to use all its USD reserves to buy all the refined gold in the world, the price would be $20,000 per ounce. Another fellow does the same thing with US current debts (I forget which ones) to get $15,000 per ounce. Neither of those things is likely to happen in reality, so it doesn't matter at all. If you insist on reality you have to consider inflation, which could generate any number all by itself!

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