These 90 Analysts Believe Gold Will Go To $5,000/oz - Or More!

June 17, 2011

Of the 133 analysts who have now gone public in maintaining that gold will eventually go to a parabolic peak price of $2,500/ozt.+ before the bubble bursts, 90 - yes 90, maintain that gold will reach at least $5,000 per ozt. Take a look here at who is projecting what, by when.

Editor's Note:

If you find a name missing from the list below send it to me (editor-at-munKNEE-dot-com) with the URL of the article in which the individual states his/her case so keep the list the most comprehensive on the internet. Only projections of at least $2,500 per troy ounce, accompanied by sound reasons, will be included in the revised list.

3 Analysts See Gold Reaching its Parabolic Peak Sometime in 2011!

  1. Bob Kirtley: $10,000;
  2. Patrick Kerr: $5,000 - $10,000;
  3. Taran Marwah: $3,000;

10 Analysts See Gold Reaching its Peak By the End of 2012

  1. Arnold Bock: $10,000;
  2. Porter Stansberry: $10,000;
  3. Taran Marwah: $6,000+;
  4. Greg McCoach: $5,000+;
  5. Robert McEwen: $5,000;
  6. Mary Anne and Pamela Aden: $3,000 - $5,000;
  7. John Paulson: $2,400 - $4,000;
  8. Ian McAvity: $2,500 - $3,000;
  9. Peter Hambro: $2,500;
  10. Charles Nenner: $2,500

These 11 Analysts See Gold Going Parabolic to +$10,000

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

These 46 Analysts See Gold Price Peaking Between $5,001 and $10,000

  1. Bob Kirtley: $10,000 (by 2011);
  2. Arnold Bock: $10,000 (by 2012);
  3. Porter Stansberry: $10,000 (by 2012);
  4. Peter George: $10,000 (by 2015);
  5. Tom Fischer: $10,000;
  6. Shayne McGuire: $10,000;
  7. Eric Hommelberg: $10,000;
  8. David Petch: $6,000 - $10,000;
  9. Gerald Celente: $6,000 - $10,000;
  10. Egon von Greyerz: $6,000 - $10,000;
  11. Peter Schiff: $5,000 - $10,000 (in 5 to 10 years);
  12. Patrick Kerr: $5,000 - $10,000 (by 2011);
  13. Peter Millar: $5,000 - $10,000;
  14. Roger Wiegand: $5,000 - $10,000;
  15. Alf Field: $4,250 - $10,000;
  16. Jeff Nielson: $3,000 - $10,000;
  17. Dennis van Ek: $9,000 (by 2015);
  18. Dominic Frisby: $8,000;
  19. Paul Brodsky: $8,000;
  20. James Turk: $8,000 (by 2015);
  21. Joseph Russo: $7,000 - $8,000;
  22. Bob Chapman: $7,700;
  23. Michael Rozeff: $2,865 - $7,151;
  24. Jim Willie: $7,000;
  25. Greg McCoach: $6,500;
  26. Dylan Grice: $6,300;
  27. Chris Mack: $6,241.64 (by 2015);
  28. Chuck DiFalco: $6,214 (by 2018);
  29. Jeff Clark: $6,214;
  30. Aubie Baltin: $6,200 (by 2017);
  31. Murray Sabrin: $6,153;
  32. Adam Hamilton: $6,000+;
  33. Samuel "Bud" Kress: $6,000 (by 2014);
  34. Robert Kientz: $6,000;
  35. Harry Schultz: $6,000;
  36. John Bougearel: $6,000;
  37. David Tice: $5,000 - $6,000;
  38. Laurence Hunt: $5,000 - $6,000 (by 2019);
  39. Taran Marwah: $3,000 - $6,000+ (by Dec. 2011 and Dec.2012, respectively);
  40. Martin Hutchinson: $3,100 - $5,700;
  41. Stephen Leeb: $5,500 (by 2015);
  42. Louise Yamada: $5,200;
  43. Jeremy Charlesworth: $5,000+;
  44. Przemyslaw Radomski: $5,000+;
  45. Jason Hamlin: $5,000+;
  46. David McAlvany: $5,000+

Cumulative sub-total: 57

(For a hyperlink to the article in which the individuals state their parabolic peak price projections and rationale go here.)

These 33 Analysts Believe Gold Price Could Go As High As $5,000

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

Cumulative sub-total: 90

(For a hyperlink to the article in which the individuals state their parabolic peak price projections and rationale go here.)

31 Analysts Believe Gold Will Go Up to Between $3,000 and $4,999

  1. David Moenning: $4,525;
  2. Larry Reaugh: $4,000+;
  3. Ernest Kepper: $4,000;
  4. Mike Knowles: $4,000;
  5. Ian Gordon/Christopher Funston: $4,000;
  6. Barry Elias: $4,000; (by 2020);
  7. Jay Taylor: $3,000 - $4,000;
  8. Christian Barnard: $2,500 - $4,000;
  9. John Paulson: $2,400 - $4,000 (by 2012);
  10. Paul Tustain: $3,844;
  11. Myles Zyblock: $3,800;
  12. Eric Roseman: $2,500 - $3,500 (by 2015);
  13. Christopher Wood: $3,360;
  14. Franklin Sanders: $3,130;
  15. John Henderson: $3,000+ (by 2015 - 17);
  16. Michael Berry: $3,000+ (by 2015);
  17. Hans Goetti: $3,000;
  18. Michael Yorba: $3,000;
  19. David Urban; $3,000;
  20. Mitchell Langbert: $3,000;
  21. Brett Arends: $3,000;
  22. Ambrose Evans-Pritchard: $3,000;
  23. John Williams: $3,000;
  24. Byron King: $3,000;
  25. Ron Paul: $3,000 (by 2020);
  26. Chris Weber: $3,000 (by 2020);
  27. Mark Leibovit: $3,000;
  28. Mark O'Byrne: $3,000;
  29. Kevin Kerr: $3,000;
  30. Frank Holmes: $3,000;
  31. Shamik Bhose: $3,000 (by 2014)

Cumulative sub-total: 121

(For a hyperlink to the article in which the individuals state their parabolic peak price projections and rationale go here.)

These 12 Analysts Believe Gold Will Go to Between $2,500 and $3,000

  1. Ian McAvity: $2,500 - $3,000 (by 2012);
  2. Jeff Nichols: $2,000 - $3,000;
  3. Graham French: $2,000 - $3,000;
  4. Bank of America Merrill Lynch: $2,000 - $3,000;
  5. Joe Foster: $2,000 - $3,000 (by 2019);
  6. David Morgan: $2,900;
  7. Sascha Opel: $2,500+;
  8. Rick Rule: $2,500 (by 2013);
  9. Daniel Brebner: $2,500;
  10. James DiGeorgia: $2,500;
  11. Peter Hambro: $2,500 (by 2012);
  12. Charles Nenner: $2,500 (by 2012 - 13)

Grand Total: 133

(For a hyperlink to the article in which the individuals state their parabolic peak price projections and rationale go here.)

Conclusion

There you have it. Who would have believed that 133 distinguished 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.


Lorimer Wilson is Editor-in-Chief of both www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (It's all about Money!)

Gold is impervious to rust.