5,000 Gold Bandwagon Now Includes These 55 Analysts – Got Gold?

strong>This little band of gold enthusiatists started out few in numbers a few years back but has made a parabolic move over the past year or so much like their projections for the future price of gold. They now number an unbelieveable 95 who have stated, with sound reasons in their opinions, 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! In fact, the majority (55) maintain that $5,000 or more for gold is likely. In this article I identify those economists, analysts and financial writers and provide the URLs of their articles so you can ascertain for yourself their logic for such parabolic moves in the years to come. www.munKNEE.com; By: Lorimer Wilson; Words: 755

(Please note: This is a one-of-a-kind article which no doubt will get a great deal of attention and be posted on a large number of other financial sites and blogs. This is encouraged but to avoid copyright infringement the author’s name must be included with a hyperlink to the original article.)

Higher than $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=2241359014G10020&redirect=False
4. Dr. 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 (in our lifetime);
www.goldeagle.com/editorials_05/watson081605.html

$5,000 – $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/2010/06/gold-going-to-parabolic-top-of-10000-by-2012-%e2%80%93-for-good-reasons/
3. Porter Stansberry: $10,000 (by 2012);
www.kitco.com/ind/stansberry/dec022009.html
4. Tom Fischer: $10,000;
www.gold.approximity.com/gold_price_models_sinclair.html
5. Shayne McGuire: $10,000;
www.safehaven.com/article/9572/shayne-mcguire-the-early-innings-of-a-gold-boom
6. Eric Hommelberg: $10,000;
www.gold-speculator.com/eric-hommelberg/17257-golds-inflation-adjusted-high-reaches-8000-a.html
7. Anonymous: $6,410 – $10,000 (by 2012-2016);
www.tl-ph.facebook.com/topic.php?uid=6876483182&topic=4979&post=15682
8. David Petch; $6,000 – $10,000;
www.financialsense/fsu/editorials/petch/2008/0304b.html
9. Gerald Celente: $6,000 – $10,000;
www.trendsresearch.com/forecast.html
10. Egon von Greyerz: $6,000 – $10,000;
www.goldswitzerland.com/index.php/gold-entering-a-virtuous-circle-egonvongreyerz/ utm_source=subscriber&utm_medium=rss&utm_campaign=rss
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.marketwatch.com/story//a-reality-check-for-investors-mulling-sale-of-gold-2009-11-20
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-price-objective.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. Peter George: $3,500 (by 2011-13); $10,000 (by Dec. 2015);
www.news.goldseek.com/GoldSeek/1129126809.php
17. Jeff Nielson: $3,000 – $10,000;
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
18. Dennis van Ek: $9,000 (by 2015);
goldnews.bullionvault.com/Goldbug/gold_price/gold_prices_could_hit_9000_per_oz_by_2015_18898034
19. Dominic Frisby: $8,500;
www.moneyweek.com/investments/precious-metals-and-gems/why-gold-could-reach-8500-an-ounce.aspx
20. James Turk: $8,000 (by 2015);
www.munknee.com/2010/06/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. Michael Rozeff: $2,865 – $7,151;
www.marketoracle.co.uk/Article14168.html
www.lewrockwell.com/rozeff/rozeff16.html
23. Martin Murenbeeld: $3,100 – $7,000;
www.dundeeprecious.com/Theme/Dundee/files/The%20Gold%20Price%20Outlook%20through%202010-%20website.pdf
24. Jim Willie: $7,000;
www.silver-investor.com/blog/silver-investor-bloggers-gold/hidden-dollar-swap-hammer-by-jim-willie-cb/
25. Dylan Grice: $6,300;
www.abnnewswire.net/press/en/63123/Barry_Dawes_Projects_Gold_To_Reach_5000oz_At_The_Resources_Investment_Expo_In_Brisbane.html
26. Chuck DiFalco: $6,214 (by 2018);
www.financialsensearchive.com/fsu/editorials/difalco/2009/1124.html
27. Aubie Baltin: $6,200 (by 2017);
www.24hgold.com/english/contributor.aspx?rss=true&article=2158395926G10020&redirect=false&contributor=Aubie+Baltin
28. Murray Sabrin: $6,153;
www.kitco.com/ind/Sabrin/may262009.html
29. Samuel “Bud” Kress: $6,000 (by 2014);
www.clifdroke.com/articles/jul10/071910/071910.html
30. Robert Kientz: $6,000;
www.seekingalpha.com/instablog/410007-robert-kientz/91151-gold-and-silver-market-suppression-failures-flash-buy-signal-part-4
31. Harry Schultz: $6,000;
www.moneynews.com/StreetTalk/harry-shultz-deflation-hyperinflation/2010/06/11/id/361725?s=al&promo_code=A0D6-1
32. Lawrence Hunt: $5,000 – $6,000 (by 2019);
www.laurencehunt.blogspot.com/2010/06/gold-invisible-bull-market.html
33. Paul Brodsky/Lee Quaintance: $3,000 – $6,000;
www.gold-eagle.com/editorials_08/brodsky121208pv.html
www.gata.org/files/QBAssetManagement-07-2009.pdf
34. Martin Hutchinson: $3,100 – $5,700;
www.mineweb.com/mineweb/view/mineweb/en/page103855?oid=104836&sn=Detail
35. Jeremy Charlesworth: $5,000+;
www.telegraph.co.uk/finance/personalfinance/investing/gold/7803924/Silver-will-outperform-gold.html
36. Przemyslaw Radomski: $5,000+;
www.marketoracle.co.uk/Article22629.html

$5,000

1. David Rosenberg: $5,000;
www.zerohedge.com/article/rosenberg-pattern-would-suggest-test-5000-dow-same-time-gold-5000-too
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-time-high/
4. Robert McEwen: $5,000;
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;
goldnews.bullionvault.com/gold_dollar_fiat_currency_fed_confidence_030320082
11. Barry Dawes: $5,000;
www.abnnewswire.net/press/en/63123/Barry_Dawes_Projects_Gold_To_Reach_5000oz_At_The_Resources_Investment_Expo_In_Brisbane.html
12. Bob Lenzer: $5,000 (by 2015);
video.forbes.com/fvn/streettalk/gold-5000-an-ounce-in-5-years
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

Up to $5,000

1. Pierre Lassonde: $4,000 – $5,000;
www.commodityonline.com/news/Panic-effect-could-push-Gold-to-$4000-or-$5000-11770-3-1.html
2. Willem Middelkoop: $4,000 – $5,000;
www.youtube.com/watch?v=lvFSyS985I8
3. Mary Anne and Pamela Aden: $3,000 – $5,000 (by February 2012);
www.adenforecast.com/articlesInterviewDetail.php?id_publicacion=19
4. 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
5. Goldrunner: $3,000 – $5,000 (by 2012);
www.gold-eagle.com/editorials_08/goldrunner022308pv.html
6. Bill Murphy: $3,000 – $5,000;
www.gata.org/8960
7. 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/
8. Luke Burgess: $2,000 – $5,000;
www.wealthdaily.com/articles/gold-etfs/2409
9. Jeff Nichols: $2,000 – $5,000;
www.mineweb.com/mineweb/view/mineweb/en/page33?oid=111268&sn=Detail&pid=102055
10. Jim Sinclair: $1,650 – $5,000 ($1650 by January 14, 2011 OR $3,000-$5,000 by June 2011);
www.arabianmoney.net/gold-silver/2010/09/08/jimsinclair-on-why-gold-is-going-to-1650-by-early-january

$3,000 – $4,000
1. Mike Knowles: $4,000;
www.stockmarketweekly.com/newsletters/1546-what-is-the-kondratieff-cycle-telling-us-now%20/
2. Ian Gordon/Christopher Funston: $4,000;
www.munknee.com/2010/06/the-long-wave-cycle-of-winter-is-coming/
3. D.P. Baker: $3,000 – $3,750 (by Jan./Feb. 2012);
www.stockhouse.com/Columnists/2010/Jun/8/Gold-s-next-move-could-be-parabolic
www.news.goldseek.com/GoldSeek/1272548046.php
4. Adam Hamilton: $3,500 (by 2010/11);
www.commodityonline.com/futures-trading/technical/Gold-price-to-hit-$3500-by-201011-13620.html
5. Christopher Wood: $3,360;
www.marketoracle.co.uk/Article12906.html
6. Eric Roseman: $3,500+;
www.roseman.sovereignsociety.com/2010/09/15/silver-on-verge-of-gold-confirmation/
7. John Henderson: $3,000+ (by 2015-17);
www.seekingalpha.com/article/160592-gold-1200-by-year-end-1500-in-2010-3000-by-2015-2017
8. Hans Goetti: $3,000;
www.cnbc.com/id/15840232/?video=1043867279&play=1
9. Michael Yorba: $3,000;
www.yorbatv.ning.com/forum/topic/show?id=2014856%3ATopic%3A9698
10. David Tice: $3,000 (by 2012);
www.cnbc.com/id/34240489
11. David Urban; $3,000;
www.seekingalpha.com/article/36315-why-i-believe-gold-will-hit-3000-oz
12. Mitchell Langbert: $3,000;
www.mitchell-langbert.blogspot.com/2010/06/is-ride-to-3000-gold-going-to-hit-air.html
13. Brett Arends: $3,000;
online.wsj.com/article/SB10001424052748704792104575264863069565780.html
14. Ambrose Evans-Pritchard: $3,000;
www.moneynews.com/StreetTalk/evans-pritchard-gold-price/2010/05/26/id/360175
15. Trader Mark: $3,000 (by mid-2011);
www.ibtimes.com/articles/25200/20100526/if-gold-gld-tracks-nasdaq-housing-peaks-its-headed-to-3000-in-18-months.htm
16. John Williams: $3,000;
www.telegraph.co.uk/finance/personalfinance/investing/gold/4967209/Gold-Inflation-will-beat-deflation-and-gold-will-hit-3000.html
17. Louise Yamada: $3,000 (by 2016-17);
www.bloomberg.com/apps/news?pid=newsarchive&sid=a5UuCc0L6nt4&refer=latin_america
18. Byron King: $3,000;
www.whiskeyandgunpowder.com/gold-is-going-to-3000-get-some-physical-gold/
19. ThumbCharts.com: $3,000;
www.thumbcharts.com/1300/gold-at-3000-only-if-bubbles-repeat
20. Bob Chapman: $3,000 (by 2011);
www.bobchapman.blogspot.com/2010/05/gold-will-go-to-75-and-gold-to-3000.html
21. Ron Paul: $3,000 (by 2020);
online.wsj.com/article/SB10001424052970203917304574415193376917198.html
22. Chris Weber: $3,000 (by 2020);
www.kitco.com/ind/Weber/dec052006.html

$2,500 – $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. Graham French: $2,000 – $3,000;
www.telegraph.co.uk/finance/personalfinance/investing/gold/7743787/Gold-bulls-claim-price-could-double-to-3000-in-five-years.html
3. Joe Foster: $2,000 – $3,000 (by 2019);
www.thegoldbubble.blogspot.com/2010/07/joe-foster-gold-above-3000-in-couple-of.html
4. Sascha Opel: $2,500+;
www.mineweb.com/mineweb/view/mineweb/en/page33?oid=79363&sn=Detail
5. Rick Rule: $2,500 (by 2013);
www.mineweb.com/mineweb/view/mineweb/en/page33?oid=107168&sn=Detail&pid=102
6. Daniel Brebner: $2,500;
www.midasletter.com/news/09031105_UBS-bullish-on-gold-price-nearing-2500-dollars.php
7. James DiGeorgia: $2,500;
goldnews.bullionvault.com/Goldbug/gold_price/2500_gold_on_the_cards_by_2011_18498409

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/silver%e2%80%99s-historical-correlation-with-gold-suggests-a-parabolic-top-as-high-as-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.

Given projections from such a large number of analysts perhaps it is time to also get on the bandwagon and buy some physical gold and silver ourselves.

Yes, indeed, “Got Gold?”