Question of the Week
Question:
David -- I have heard all
kinds of price predictions
for gold -- what do you say?
Answer: There are
many ways to determine the
paper price of gold, and I
was one of the first to put
a target on gold of about
$2500 per ounce back around
2003. You can look up the
article it is titled
"Engineering the price of
Gold" and explains the
logic. This is a minimum and
as I stated in the article
most markets overshoot, if
this market overshoots like
the last one that implies
$5000 per ounce.
However, one of my good
friends sent me this blurb
which I think our readers
will find interesting on
many others thoughts on the
price of gold.
One thing is clear all of us
expect gold to be higher the
next few years,
David Morgan
---------
From: Sharefin
Sent: Jul 8, 2010 10:47 PM
Subject: These 67 Analysts
Yes, 67 Believe Gold Will
Reach Parabolic Top As High
As $10,000
http://tinyurl.com/2e8jbln
Here's another breakdown
Higher than $10,000
1. Mike Maloney: $15,000;
2. Silver-Coin-Investor.com:
$7,000-$14,000;
3. Jim Rickards: $4,000 -
$11,000
4. Roland Watson: $10,800
(in our lifetime);
$5,001 - $10,000
1. Arnold Bock: $10,000 (by
2012);
2. Porter Stansberry:
$10,000 (by 2012);
3. Tom Fischer: $10,000;
4. Shayne McGuire: $10,000;
5. Eric Hommelberg: $10,000;
6. Gerald Celente: $6,000 -
$10,000;
7. Peter Schiff: $5,000 -
$10,000 (in 5 to 10 years);
8. Egon von Greyerz: $5,000
- $10,000;
9. Patrick Kerr: $5,000 -
$10,000 (by 2011);
10. Peter Millar: $5,000 -
$10,000;
11. Alf Field: $4,250 -
$10,000;
12. Jeff Nielson: $3,000 -
$10,000;
13. Dennis van Ek: $9,000
(by 2015);
14. James Turk: $8,000 (by
2015);
15. Joseph Russo: $7,000 -
$8,000;
16. David Petch; $6,000 -
$8,000;
17. Michael Rozeff: $2,865 -
$7,151;
18. Martin Murenbeeld:
$3,100 - $7,000;
19. Dylan Grice: $6,300;
20. Murray Sabrin: $6,153;
21. Harry Schultz: $6,000;
22. Paul van Edeen: $6,000;
23. Paul Brodsky/Lee
Quaintance: $3,000 - $6,000;
$5,000
1. David Rosenberg: $5,000;
2. Martin Hutchinson: $5,000
(by end of 2010);
3. Doug Casey: $5,000;
4. Peter Cooper: $5,000;
5. Robert McEwen: $5,000;
6. Martin Armstrong: $5,000
(by 2016);
7. Peter Krauth: $5,000;
8. Tim Iacono: $5,000 (by
2017);
9. Christopher Wyke: $5,000;
10. Frank Barbera: $5,000;
11. John Lee: $5,000;
12. Peter Dawes: $5,000;
$2,500 - $5,000
1. Pierre Lassonde: $4,000 -
$5,000;
2. Howard Katz: $3,300 -
$5,000;
3. Mary Anne and Pamela
Aden: $3,000 - $5,000 (by
February 2012);
4. Larry Edelson: $2300 -
$5,000 (by 2012);
5. Luke Burgess: $2,000- -
$5,000;
6. Ian Gordon/Christopher
Funston; $4,000;
7. D.P. Baker: $3,000 -
$3750;
8. Christopher Wood: $3,500
(in 2010);
9. Adam Hamilton: $3,500 (by
2010/11);
10. Eric Roseman: $2,500 -
$3,500 (by 2015);
11. John Henderson: $3,000+
(by 2015-17);
12. Hans Goetti: $3,000;
13. Michael Yorba: $3,000;
14. David Tice: $3,000 (by
2012);
15. David Urban; $3,000;
16. Michael Lambert: $3,000;
17. Brett Arends: $3,000;
18. Ambrose Evans-Pritchard:
$3,000;
19. Trader Mark: $3,000 (by
mid-2011);
20. Ian Williams: $3,000;
21. Byron King: $3,000;
22. John McAvity: $2,500 -
$3,000 (by 2012);
23. Graham French: $2,000 -
$3,000;
24. Sascha Opel: $2,500+;
25. Rick Rule: $2,500 (by
2013);
26. Daniel Brebner: $2,500;
