More and more economists, analysts and financial writers, 122 in fact, have taken the bold step of projecting the price at which gold will achieve its parabolic peak. Some have adjusted their previous prognostications higher given gold’s strong advance again in 2010 while others have jumped aboard what has become a bandwagon of optimism. The majority (84) maintain that $5,000 or more for gold is possible. 6 individuals have even gone so far as to claim that the parabolic peak will be realized sometime in 2011.
These 6 Analysts Believe Gold Will Reach Parabolic Peak Sometime in 2011
These 6 Analysts See Gold Price Going Parabolic to +$10,000
These 45 Analysts See Gold Price Peaking Between $5,001 and $10,000
These 33 Analysts Believe Gold Price Could Go As High As $5,000
These 26 Analysts Believe Gold Will Achieve a Parabolic Peak Price Between $3,000 and $4,999
These 12 Analysts Believe Gold Will Go to Between $2,500 and $3,000
Conclusion
There you have it. Who would have believed that so many distinguished analysts would maintain that gold, and by implication, silver, 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.
http://www.munknee.com/2011/01/update-these-110-analysts-believe-gold-will-go-parabolic-to-3000-or-more/
© 2011 Copyright Lorimer Wilson- All Rights Reserved
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