gold-vs-usdollar

EXPERTS FORECAST ON PRECIOUS METALS

GOLD

Steve Forbes "A return to the gold standard by the United States within the next five years now seems likely, because that move would help the nation..." Human Events: "Forbes Predicts U.S. Gold Standard Within 5 Years" (5/11/2011)

Doug Casey - $5,000 (by end of 2013) "Gold could hit $5,000 an ounce in the next couple of years, as paper currencies in the United States, Europe, and Japan drop in value..." Mineweb (03/2011)

Hal Lehr - $2,000 (in 2011) "Gold, which reached a record on May 2, may surge a further 30 percent by [2012] as investors seek to protect themselves from 'economic uncertainty'..." Bloomberg (5/2011)

Robert McEwen - $5,000 (by end of 2015) "Gold is a favored asset relative to equities and other assets. In times of financial stress, you have people going towards precious metals and hard assets..." CNBC (4/2011)

John Paulson - $4,000 (in 3-5 years) "Gold prices could go as high as $4,000 an ounce over the next three to five years, as the U.S. and U.K. flood the money supply." Wall Street Journal (5/2011)

Jim Sinclair - $5,000 "Looking for a major upturn in gold as soon as June and targeting $5,000 as a longer term objective." Mineweb (5/2011)

Christopher Wyke - $2,000 (by 2012) "Gold has been going up for the past ten years, but we think gold is going to continue to rally over at least next five years..." Professional Advisor (3/2011)

Louise Yamada - $2,000 (in next year) "Gold looks fine as it is moving to a new high. Gold remains in a structural bull market that was initiated in 2002." King World News (3/2011)
John Embry - $100.00 (no period cited) "We haven't even really seen money start to significantly flow into hard assets, when that occurs (and it will occur), it's going to have an outsized impact on the price [of silver and gold. I believe the gold/silver ratio will decline tremendously in that environment. I have no problem with $100 silver, none, and that might just be jacks for openers." King World News (July 2011) Embry is CIO of Sprott Asset Management.

Tom Fitzpatrick - $100.00 (no period cited) "If the final rally in the last bull market repeated then we can expect $100 over the long term," Fitzpatrick and two other analysts wrote. "While the high so far this year was at the same level as the peak in January 1980, we are not convinced that the long-term trend is over yet." Bloomberg (July 2011) Fitzpatrick is Chief Technical Strategist at Citibank Global Markets.

Peter Krauth - $250 (no period cited) "Krauth has gone on record saying that silver prices could reach as high as $250 per ounce before the silver bull finally stops running. That's a far cry from today's silver prices. And it could mean major gains are in store for those who know how to play the silver bull in coming weeks, Krauth said." Commodity Online (May 2011) Krauth is a commodities and precious metals market analyst.

Dr. Stephen Leeb - $200 (by August 2013) "My guess is that 24 months from now, that silver coin you are holding that you bought for $35 or $40, you are going to see a $200 tag on it." King World News (August 2011) Leeb is CIO of Leeb Capital Management.

David Morgan - $75 (no period cited) "The next leg up [for silver] could take out the $50/oz. level after a few tries and then not look back until establishing a new nominal level of $65/oz.�$75/oz. Silver demand is growing for both industry and as an investment." The Gold Report (August 2011)
Morgan is Publisher of The Morgan Letter.

Charles Oliver - $50 to $100 (next few years) "His long-term outlook for the metal is still above $50 an ounce and it could even surge as high as $100 in the next few years. According to Oliver, 'the long-term story for precious metals is still very firmly intact.'" Reuters (May 2011) Oliver is Senior Portfolio Manager at Sprott Asset Management.

Peter Krauth - $86.75 "An important metric to understand and watch is the silver-to-gold ratio. It tells you how many ounces of silver it takes to buy one ounce of gold..." Silver Price Forecast" (12/2/2010)

Mac Slavo - $50.00 "Based on just the supply/demand equations, the price of silver should continue to rise and approach its historical silver-to-gold ratio..." Silver Will Be Worth More Than Gold" (12/31/2010)