151 analysts maintain that gold will eventually reach a parabolic peak price of at least $3,000/ozt. before the bubble bursts of which 101 see gold reaching at least $5,000/ozt., 17 predict a parabolic peak price of as much as $10,000 per troy ounce and a further 13 are on record as saying gold could go even higher than that. Take a look here at who is projecting what, by when and why. Words: 844

Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) has identified below the analysts by name with their price projections and time frame.

10 Analysts See Gold Reaching These Lofty Prices in 2012

  1. Arnold Bock: $10,000;
  2. Porter Stansberry: $10,000;
  3. Taran Marwah: $6,000+;
  4. Goldrunner: $3,500+;
  5. David Williams: $3,000;
  6. Stephen Leeb: $3,000;
  7. Mary Anne and Pamela Aden: $2,000 – $3,000;
  8. Bob Chapman: $2,500 – $3,000;
  9. Ian McAvity: $2,500 – $3,000;
  10. Kurtis Hemmerling: $2,500 – $3,000;

13 Analysts See Gold Price Going to +$10,000

  1. DoctoRX: $20,000 (by 2020);
  2. Toby Connor: $7,000 – $20,000 (by 2014);
  3. Mike Maloney: $15,000;
  4. Ben Davies: $10,000 – $15,000;
  5. Howard Katz: $14,000;
  6. Jeffrey Lewis: $7,000 – $14,000;
  7. Jim Sinclair: $12,455;
  8. Goldrunner: $10,000 – $12,000;
  9. Martin Armstrong: $5,000 – $12,000 (by 2015/16);
  10. Robin Griffiths: $3,000 – $12,000 (by 2015);
  11. Jim Rickards: $4,000 – $11,000;
  12. Roland Watson: $10,800;
  13. Dylan Grice: $10,167

51 Analysts See Gold Price Going Over $5,000 to as High as $10,000

  1. Arnold Bock: $10,000 (by 2012);
  2. Porter Stansberry: $10,000 (by 2012);
  3. Peter George: $10,000 (by 2015);
  4. Nick Barisheff: $10,000 (by 2015);
  5. Tom Fischer: $10,000;
  6. Shayne McGuire: $10,000;
  7. Eric Hommelberg: $10,000;
  8. Marc Faber: $6,000 – $10,000;
  9. David Petch: $7,000 – $10,000 (by 2020; $3,074 by 2013); 
  10. Gerald Celente: $6,000 – $10,000;
  11. Egon von Greyerz: $6,000 – $10,000;
  12. Peter Schiff: $5,000 – $10,000 (in 5 to 10 years);
  13. Peter Millar: $5,000 – $10,000;
  14. Ron Paul: $5,000 – $10,000;
  15. Roger Wiegand: $5,000 – $10,000;
  16. Alf Field: $4,250 – $10,000;
  17. Jeff Nielson: $3,000 – $10,000;
  18. Dennis van Ek: $9,000 (by 2015);
  19. Dominic Frisby: $8,000;
  20. Paul Brodsky: $8,000;
  21. James Turk: $8,000 (by 2015);
  22. Joseph Russo: $7,000 – $8,000;
  23. Bob Chapman: $7,700 ($2,500 – $3,000 by February 2012);
  24. Tim Guinness: $7,500 (by 2025);
  25. Michael Rozeff: $2,865 – $7,151;
  26. Jim Willie: $7,000;
  27. Greg McCoach: $6,500;
  28. Chris Mack: $6,241.64 (by 2015);
  29. Chuck DiFalco: $6,214 (by 2018);
  30. Jeff Clark: $6,214;
  31. Urs Gmuer: $6,200;
  32. Aubie Baltin: $6,200 (by 2017);
  33. Murray Sabrin: $6,153;
  34. Adam Hamilton: $6,000+;
  35. Samuel “Bud” Kress: $6,000 (by 2014);
  36. Robert Kientz: $6,000;
  37. Harry Schultz: $6,000;
  38. John Bougearel: $6,000;
  39. David Tice: $5,000 – $6,000;
  40. Laurence Hunt: $5,000 – $6,000 (by 2019);
  41. Taran Marwah: $6,000+ (by Dec.2012);
  42. Rob Lutts: $3,000 – $6,000;
  43. Martin Hutchinson: $3,100 – $5,700;
  44. Stephen Leeb: $5,500 (by 2015);
  45. Louise Yamada: $5,200;
  46. Jeremy Charlesworth: $5,000+;
  47. Przemyslaw Radomski: $5,000+;
  48. Jason Hamlin: $5,000+;
  49. David McAlvany: $5,000+;
  50. Pat Gorman: $5,000+;
  51. Mark Leibovit: $3,600 – $5,000+

37 Analysts Believe Gold Price Could Go As High As $5,000

  1. David Rosenberg: $5,000;
  2. Robert Lloyd-George: $5,000 (by 2014);
  3. James West: $5,000;
  4. Doug Casey: $5,000;
  5. Peter Cooper: $5,000;
  6. Robert McEwen: $5,000 (by 2015 – 2017);
  7. Peter Krauth: $5,000 ($2,500 by 2012)
  8. Tim Iacono: $5,000 (by 2017);
  9. Christopher Wyke: $5,000;
  10. Frank Barbera: $5,000;
  11. John Lee: $5,000;
  12. Barry Dawes: $5,000;
  13. Bob Lenzer: $5,000 (by 2015);
  14. Steve Betts: $5,000;
  15. Stewart Thomson: $5,000;
  16. Charles Morris: $5,000 (by 2015);
  17. George Maniere: $5,000 (by 2015);
  18. Marvin Clark: $5,000 (by 2015);
  19. Eric Sprott: $5,000;
  20. Nathan Narusis: $5,000;
  21. David McAlvany: $5,000;
  22. Standard Chartered: $5,000 (by 2020);
  23. Bud Conrad: $4,000 – $5,000;
  24. Paul Mylchreest: $4,000 – $5,000;
  25. Pierre Lassonde: $4,000 – $5,000;
  26. Willem Middelkoop: $4,000 – $5,000;
  27. Jeff Nichols: $3,000 – $5,000;
  28. James Dines: $3,000 – $5,000;
  29. Bill Murphy: $3,000 – $5,000;
  30. Bill Bonner: $3,000 – $5,000;
  31. Peter Degraaf: $2,500 – $5,000;
  32. Eric Janszen: $2,500 – $5,000;
  33. Larry Jeddeloh: $2,300 – $5,000 (by 2013);
  34. Larry Edelson: $2,300 – $5,000 (by 2015);
  35. Luke Burgess: $2,000 – $5,000;
  36. Heath Jansen: $2,500 – $5,000;
  37. Julian Jessop: $1,840 – $5,000

50 Analysts Believe Gold Will Increase to Between $3,000 and $4,999

  1. David Moenning: $4,525;
  2. Jueig Kiener: $2,500 – $4,500 (by 2013);
  3. Hubert Moolman: $4,000+ (end of 2012-13);
  4. Giuseppe Borrelli: $4,000+;
  5. Larry Reaugh: $4,000+;
  6. Oliver Velez: $4,000+;
  7. Ernest Kepper: $4,000;
  8. Mike Knowles: $4,000;
  9. Ian Gordon/Christopher Funston: $4,000;
  10. Barry Elias: $4,000; (by 2020);
  11. Lindsey Williams: $3,000 – $4,000 (by 2012);
  12. Marshall Auerback: $3,000 – $4,000);
  13. Jay Taylor: $3,000 – $4,000;
  14. Christian Barnard: $2,500 – $4,000;
  15. John Paulson: $2,400 – $4,000;
  16. Paul Tustain: $3,844;
  17. Myles Zyblock: $3,800;
  18. Eric Roseman: $2,500 – $3,500 (by 2015);
  19. Citi: $3,400 (by 2013);
  20. Christopher Wood: $3,360;
  21. Peter Leeds: $3,200;
  22. Franklin Sanders: $3,130;
  23. John Henderson: $3,000+ (by 2015 – 17);
  24. Michael Berry: $3,000+ (by 2015);
  25. Hans Goetti: $3,000;
  26. Michael Yorba: $3,000;
  27. David Urban; $3,000;
  28. Mitchell Langbert: $3,000;
  29. Brett Arends: $3,000;
  30. Ambrose Evans-Pritchard: $3,000;
  31. John Williams: $3,000;
  32. Byron King: $3,000;
  33. Chris Weber: $3,000 (by 2020);
  34. Mark O’Byrne: $3,000;
  35. Kevin Kerr: $3,000;
  36. Frank Holmes: $3,000;
  37. Shamik Bhose: $3,000 (by 2014);
  38. Ani Markova: $3,000 (by 2013/14);
  39. John Embry: $3,000;
  40. Michael Lombardi: $3,000;
  41. Eric Bolling: $3,000;
  42. Phillip Richards: $3,000;
  43. Chris Laird: $3,000;
  44. Michael Brush: $3,000
  45. David Williams: $3,000 (by June 2012);
  46. Stephen Leeb: $3,000 (by end of 2012);
  47. John Ing: $3,000 (by end of 2012);
  48. Michael Howell: $3,000;
  49. Johann Santer: $3,000 (by 2013/4);
  50. Richard Maybury: $3,000 (by 2013)

8 Analysts Believe Price of Gold Will Go As High As $3,000

  1. David Nichols: $2,750 – $3,000 (by June 2013);
  2. Kurtis Hemmerling: $2,500 – $3,000 (by 2012);
  3. Ian McAvity: $2,500 – $3,000 (by 2012);
  4. Mary Anne and Pamela Aden: $2,000 – $3,000 (by February 2012);
  5. Graham French: $2,000 – $3,000;
  6. Bank of America Merrill Lynch: $2,000 – $3,000;
  7. John Hathaway: $2,000 – $3,000;
  8. Joe Foster: $2,000 – $3,000 (by 201

Conclusion

There you have it. Who would have believed that 159 analysts would maintain that gold and by implication, silver, 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.

If we are to put any credence whatsoever into the rationale presented by the above analysts then it seems prudent to seriously consider owning some physical gold and silver and/or the stocks and/or long-term warrants of those companies that mine these precious metals.

All Things Considered  – John’s Commentary

I send out this list at least once a year to remind subscribers that the consensus amongst the most informed is that the future trend for gold is still decidedly upward in price!

BE AWARE:  From here on out, things are going to get increasingly wild.  The waters ahead hold greater and greater volatility, testing the mettle of the most determined hard asset investor.  As with a rodeo bull ride, just hang on until the buzzer sounds before you get off.

How will you know when to sell?  Fortunately (or unfortunately), we have the recent experience of the dot.com and real estate bubbles.  I’ll let you know well in advance – so just stay tuned.

What to buy:  Consider favoring silver over gold.  Pre-1965 silver is a great bargain.

Quote of the day:  “Watch carefully what the masses are doing, and do exactly the opposite” – John Fisher

On February 29, 2012   /   General Market, Gold  
2 Comments
  1. David Schisla
    9:14 pm on June 28, 2012

    I hope they are all right! Paper currency is a house of cards!