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

• Gold will definitely encounter a phase change event and go hyperbolic. The question is by when? I believe the probability of gold hitting $10,000/ounce within 2 years is 80%. The reason is a coming monetary crisis and Quantitative Easing 2.0 ie massive printing/electronically creating, of money out of thin air. Lorimer Wilson writes:
   
  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!
    ….
  Higher than $10,000
  1. Mike Maloney: $15,000;
  
  http://goldsilver.com/news/newsID/8538/tPath/2/
  
  2. Howard Katz: $14,000;
  3. Silver-Coin-Investor.com: $7,000-$14,000;
  4. Jim Rickards: $4,000 – $11,000;
  5. Roland Watson: $10,800 (in our lifetime);
    
  $5,001 – $10,000
  1. Bob Kirtley: $10,000 (by 2011);
  2. Arnold Bock: $10,000 (by 2012);
  3. Porter Stansberry: $10,000 (by 2012);
  4. Tom Fischer: $10,000;
  5. Shayne McGuire: $10,000;
  6. Eric Hommelberg: $10,000;
  7. Gerald Celente: $6,000 – $10,000;
  8. Peter Schiff: $5,000 – $10,000 (in 5 to 10 years);
  
  http://www.commodityonline.com/news/Gold-forecast-Jim-Rogers-Peter-Schiff-or-Roubini-23940-3-1.html
  
  9. Egon von Greyerz: $5,000 – $10,000;
  10. Patrick Kerr: $5,000 – $10,000 (by 2011);
  11. Peter Millar: $5,000 – $10,000;
  12. Alf Field: $4,250 – $10,000;
  
  http://www.gold-speculator.com/alf-field/7413-elliot-wave-gold-update-23-a.html
  
  
  http://jsmineset.com/2009/05/10/alf-field%E2%80%99s-gold-price-predictions/
  
  13. Peter George: $3,500 (by 2011-13); $10,000 (by 2015);
  14. Jeff Nielson: $3,000 – $10,000;
  15. Dennis van Ek: $9,000 (by 2015);
  16. James Turk: $8,000 (by 2015);
  17. Joseph Russo: $7,000 – $8,000;
  18. David Petch; $6,000 – $$8,000;
  19. Michael Rozeff: $2,865 – $7,151;
  
  http://www.lewrockwell.com/rozeff/rozeff16.html
  
  20. Martin Murenbeeld: $3,100 – $7,000;
  21. Dylan Grice: $6,300;
  22. Aubie Baltin: $6,000 (by 2017);
  23. Murray Sabrin: $6,153;
  24. Harry Schultz: $6,000;
  25. Paul van Edeen: $6,000;
  26. Lawrence Hunt: $5,000 – $6,000 (by 2019);
  27. Paul Brodsky/Lee Quaintance: $3,000 – $6,000;
  
  http://gata.org/files/QBAssetManagement-07-2009.pdf
  
   
  (for complete list click here!)
   
  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/..
  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?”

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