These 67 Analysts – Yes, 67 – Believe Gold Will Reach Parabolic Top As High As $10,000

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Who in their right mind would suggest that gold will eventually reach $2,500, let alone $5,000 or even $10,000? Well, I did some investigation and, believe it or not, there are almost 70 economists, academics, gold analysts and market commentators who believe gold may go as high as $10,000 an ounce before the bubble finally pops.

Below is a list of such individuals each of whom has sound reasons to substantiate his or her views. 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 that if, in checking out the list, you find a name missing I would appreciate you sending me his/her name and the URL of the article in which the individual states his/her case. I am only interested in projections of gold achieving a parabolic top of at least $2,500 per ounce. I will provide an updated list at a later date if warranted. Send the email to editor@munknee.com.

Higher than $10,000

1. Mike Maloney: $15,000;

http://goldbasics.blogspot.com/2009/09/gold-should-reach-15000-oz-mike-maloney.html

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

2. Howard Katz: $14,000;

http://www.24hgold.com/english/contributor.aspx?contributor=Howard+S.+Katz&article=2241359014G10020&redirect=False

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

http://www.silver-coin-investor.com/gold-and-silver.html

4. Jim Rickards: $4,000 – $11,000;

http://www.cnbc.com/id/34038650/Gold_s_Money_Value_is_4_000_to_11_000_Market_Strategist

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

http://www.goldeagle.com/editorials_05/watson081605.html

$5,001 – $10,000

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

http://www.munknee.com/2010/06/gold-going-to-parabolic-top-of-10000-by-2012-%e2%80%93-for-good-reasons/

2. Porter Stansberry: $10,000 (by 2012);

http://www.kitco.com/ind/stansberry/dec022009.html

3. Tom Fischer: $10,000;

http://gold.approximity.com/gold_price_models_sinclair.html

4. Eric Hommelberg: $10,000;

http://www.gold-speculator.com/eric-hommelberg/17257-golds-inflation-adjusted-high-reaches-8000-a.html

5. Gerald Celente: $6,000 – $10,000;

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

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

http://www.businessweek.com/magazine/content/10_23/b4181044623002.htm

http://www.commodityonline.com/news/Gold-forecast-Jim-Rogers-Peter-Schiff-or-Roubini-23940-3-1.html

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

http://www.munknee.com/2010/06/why-many-analysts-see-gold-going-as-high-as-10000/

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

http://www.marketwatch.com/story//a-reality-check-for-investors-mulling-sale-of-gold-2009-11-20

9. Peter Millar: $5,000 – $10,000;

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

10. Alf Field: $4,250 – $10,000;

http://www.24hgold.com/english/news-gold-silver-gold-price-objective.aspx?contributor=Alf+Field&article=1440499960G10020&redirect=False

http://www.gold-speculator.com/alf-field/7413-elliot-wave-gold-update-23-a.html

Alf Field’s Gold Price Predictions

11. Jeff Nielson: $3,000 – $10,000;

http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=12906:the-real-truth-about-the-imfs-gold-sale&catid=48:gold-commentary&Itemid=131

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

http://goldnews.bullionvault.com/Goldbug/gold_price/gold_prices_could_hit_9000_per_oz_by_2015_18898034

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

http://www.munknee.com/2010/06/where-gold-and-silver-will-be-by-2015/

14. Joseph Russo: $7,000 – $8,000;

http://www.financialsense.com/fsu/editorials/russo/2007/0416.html

15. David Petch; $6,000 – $$8,000;

http://www.gold-eagle.com/editorials_05/petch040105.html

16. Michael Rozeff: $2,865 – $7,151;

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

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

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

http://www.dundeeprecious.com/Theme/Dundee/files/The%20Gold%20Price%20Outlook%20through%202010-%20website.pdf

18. Dylan Grice: $6,300;

http://www.abnnewswire.net/press/en/63123/Barry_Dawes_Projects_Gold_To_Reach_5000oz_At_The_Resources_Investment_Expo_In_Brisbane.html

19. Murray Sabrin: $6,153;

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

20. Harry Schultz: $6,000;

http://www.moneynews.com/StreetTalk/harry-shultz-deflation-hyperinflation/2010/06/11/id/361725?s=al&promo_code=A0D6-1

21. Paul van Edeen: $6,000;

http://www.paulvaneeden.com/Dr.Murenbeelds.gold.price.forecast.for.the.coming.year.

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

http://www.gold-eagle.com/editorials_08/brodsky121208pv.html

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

$5,000

1. David Rosenberg: $5,000;

http://www.zerohedge.com/article/rosenberg-pattern-would-suggest-test-5000-dow-same-time-gold-5000-too

http://www.investmentpostcards.com/2010/05/16/3000-gold-price-may-yet-prove-conservative-says-rosie/

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

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

3. Doug Casey: $5,000;

IS GOLD GOING TO $5,000?

4. Peter Cooper: $5,000;

http://www.arabianmoney.net/gold-silver/2010/05/12/5000-an-ounce-in-sight-as-gold-its-new-all-time-high/

5. Robert McEwen: $5,000;

http://www.bloomberg.com/apps/news?pid=20601082&sid=ajm6lryLYViQ

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

http://www.businessinsider.com/martin-armstrong-gold-headed-to-5000-and-beyond-2009-11

7. Peter Krauth: $5,000;

http://moneymorning.com/2010/01/14/gold-superspike

8. Tim Iacono: $5,000 (by 2017);

http://seekingalpha.com/article/174088-faber-gold-a-better-buy-than-at-300-oz?source=hp

9. Christopher Wyke: $5,000;

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aF1439PVhAgk

10. Frank Barbera: $5,000;

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

11. John Lee: $5,000;

http://goldnews.bullionvault.com/gold_dollar_fiat_currency_fed_confidence_030320082

12. Peter Dawes: $5,000;

http://www.abnnewswire.net/press/en/63123/Barry_Dawes_Projects_Gold_To_Reach_5000oz_At_The_Resources_Investment_Expo_In_Brisbane.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/articlesInterviewDetail.php?id_publicacion=19

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

http://bobchapman.blogspot.com/2010/05/gold-will-go-to-75-and-gold-to-3000.html

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

Two Mandatory Investments …

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-long-wave-cycle-of-winter-is-coming/

7. D.P. Baker: $3,000 – $3750;

http://www.stockhouse.com/Columnists/2010/Jun/8/Gold-s-next-move-could-be-parabolic

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

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

http://www.bi-me.com/main.php?id=32459&t=1&c=62&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/2010/04/08/the-still-unpaid-price-of-the-global-bailout/

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

http://seekingalpha.com/article/160592-gold-1200-by-year-end-1500-in-2010-3000-by-2015-2017

12. Hans Goetti: $3,000;

http://www.cnbc.com/id/15840232/?video=1043867279&play=1

13. Michael Yorba: $3,000;

http://yorbatv.ning.com/forum/topic/show?id=2014856%3ATopic%3A9698

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

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

15. David Urban; $3,000;

http://seekingalpha.com/article/36315-why-i-believe-gold-will-hit-3000-oz

16. Michael Lambert: $3,000;

http://mitchell-langbert.blogspot.com/2010/06/is-ride-to-3000-gold-going-to-hit-air.html

17. Brett Arends: $3,000;

http://online.wsj.com/article/SB10001424052748704792104575264863069565780.html

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

http://www.moneynews.com/StreetTalk/evans-pritchard-gold-price/2010/05/26/id/360175

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

http://www.ibtimes.com/articles/25200/20100526/if-gold-gld-tracks-nasdaq-housing-peaks-its-headed-to-3000-in-18-months.htm

20. John Williams: $3,000;

http://www.telegraph.co.uk/finance/personalfinance/investing/gold/4967209/Gold-Inflation-will-beat-deflation-and-gold-will-hit-3000.html

21. Byron King: $3,000;

http://whiskeyandgunpowder.com/gold-is-going-to-3000-get-some-physical-gold/

22. ThumbCharts.com: $3,000;

http://www.thumbcharts.com/1300/gold-at-3000-only-if-bubbles-repeat

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

http://www.mineweb.co.za/mineweb/view/mineweb/en/page33?oid=106419&sn=Detail&pid=102055

24. Jeff Nichols: $2,000 – $3,000;

http://www.mineweb.com/mineweb/view/mineweb/en/page34?oid=99961&sn=Detail&pid=1

25. Graham French: $2,000 – $3,000;

http://www.telegraph.co.uk/finance/personalfinance/investing/gold/7743787/Gold-bulls-claim-price-could-double-to-3000-in-five-years.html

26. Sascha Opel: $2,500+;

http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=79363&sn=Detail

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

http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=107168&sn=Detail&pid=102

28. Daniel Brebner: $2,500;

http://www.midasletter.com/news/09031105_UBS-bullish-on-gold-price-nearing-2500-dollars.php

Permission to reprint in whole or in part is gladly granted, provided full credit is given.

Gold Bars

By: Lorimer Wilson; www.FinancialArticleSummariesToday.com

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