Trader alert: These are the most overbought ETFs in the world right now

From Bespoke Investment Group:

Below is a list of the 30 most overbought ETFs that we track in our daily ETF Trends report.

As shown, the Germany ETF (EWG) is the most overbought, followed by the Technology ETF (HHH), India (INP), Italy (EWI), and Austria (EWO). Eight of the nine most overbought ETFs on our list are made up of...

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Metal <b>Prices</b> Hit 16th Record High – Bullish Outlook for these 3 <b>Gold</b> Stocks

Barrick Gold Corporation (NYSE: ABX) is a Toronto-based mining company involved in the production and sale of gold. The company is also engaged in exploration and mine development. The company’s mines are concentrated in four regional business units; North America, South America, Africa and Australia Pacific.

Analysts at TD Newcrest, on Tuesday, raised the 12-month price target for Barrick Gold from $59 to $61, citing higher-than-expected gold production estimates. In its research note, TD Newcrest noted that the shift toward better defining growth trajectory is encouraging; however, organic growth is not likely to be enough for the company to maintain 8.5 million-9 million ounces of annual production much beyond 2015.

Barrick Gold stock has a 52-week range of $33.65-$49.66. It is currently trading above its 50-day and 200-day moving averages. The stock has a support level at $47.22 and a resistance level at $48.76. Year-to-date, the stock is up 25.42%.

Newmont Mining Corporation (NYSE: NEM) is a Greenwood Village, Colorado-based gold producing company with assets or operations in the U.S., Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico.

Newmont Mining will announce its third-quarter financial results on November 2, 2010. For the second quarter of 2010, the company reported adjusted net income of $377 million, or $0.77 per share, compared with $211 million, or $0.43 per share reported in the second quarter of 2009. The company also raised its regular quarterly dividend from $0.10 per share to $0.15 per share.

Newmont Mining stock has a 52-week range of $41.45-$65.50. It is currently trading above its 50-day and 200-day moving averages. The stock has a support level at $61.36 and a resistance level at $63.15. Year-to-date, the stock is up 33.59%.

Kinross Gold Corporation (NYSE: KGC) is a Toronto based company engaged in gold mining and related activities. The company’s gold production and exploration activities are carried out mainly in the U.S., Brazil, Chile, Ecuador and the Russian Federation.

Kinross will report its third-quarter financial results on November 3, 2010. For the second quarter of 2010, the company reported gold production of 538,270 ounces, down 4% over the second quarter of 2009. The company posted second-quarter revenue of $696.6 million, compared with $598.1 million reported in the second quarter of 2009.

The Kinross stock has a 52-week range of $14.84-$23.91. The stock is currently trading above its 50-day and 200-day moving averages. It has a support level at $18.76 and a resistance level at $19.09. Year-to-date, the stock is up 7.23%.

Need fast service and cheap rates from a broker? Click here to see my favorite place to trade ABX, NEM, KGC

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Tagged as: ABX, KGC, NEM

About BeaconEquity.com

BeaconEquity.com is committed to producing the highest-quality insight and analysis of small cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily OTC stocks in the stock market today, which have traditionally been shunned by Wall Street. We have particular expertise with renewable energy stocks, biotech stocks, oil stocks, green energy stocks and internet stocks. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Beacon Equity Group Disclaimer

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Beaconequity.com is a wholly-owned subsidiary of BlueWave Advisors.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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The Long and Short of What’s Happening With Silver These Days

By Chris Mack with Lorimer Wilson

Something has drastically changed in the silver market. The banks that once controlled the price of silver are now closing positions at a loss. The commercial shorts have begun to bleed money – and when blood spills sharks will circle. Hedge funds and traders that never even thought of silver before will begin to squeeze the shorts. If the big banks don't quickly regain control of the silver market they may lose it forever.

Anyone following the futures market for silver knows that the large commercial traders, banks such as JPM, always win. That is until now. Let’s look at the history of short selling as it related to silver in the past, what has been occurring recently and what may unfold in the very near future as follows:

Then

During the bull market in silver that began in 2001, a pattern of trading similar to the “Martingale Betting Strategy” emerged in which 8 trading institutions sold short increasingly larger amounts of contracts into rallies until their sales volumes overwhelmed the market into a freefall. After the freefall they then repurchased those short positions at a profit and the rally process began again. This process of taking money from precious metals investors has been well documented by analysts such as Ted Butler, David Morgan, and others. The strategy was so successful that some futures traders began to front run the banks on their own using tactics such as the COT report and other sentiment indicators. As a result of their actions it has been argued that these large short positions have suppressed the price of silver by a multiple of itself. This may be proven sooner than many expected.

Recently

Over the last 6 weeks all was going according to plan. Silver rallied and the commercial banks shorted an ever larger amount of contracts as the open interest swelled to the point at which most silver analysts were expecting a correction. In the last 2 weeks silver rose by nearly $2 dollars and most were expecting to see an even larger commercial short position reflected in the COT report. Instead, the commercials actually covered 2297 contracts, and bought an additional 989 long contracts during the week of September 28th to October 5th when the price of silver rose by $1. The covering was down at what appeared to be a short term top to many.

The Near Future

While it can be speculated on how short covering could impact the market, a short squeeze could feed upon itself as it attracts capital. In five trading days of buying a net 3286 contracts the price of silver rose by $1. However the commercial banks are still a net 62,127 contracts short so at that linear rate it would take them 94 trading days to cover with a silver price of roughly $117. The resulting losses would be around $15 billion. Of course markets aren't linear and after the second or third week of covering traders would begin to purposefully front run and squeeze the commercial shorts so it is unlikely that the positions could be covered that low or if at all.

Conclusion

Unfortunately, those of you who were hoping for a correction to accumulate more silver may not get it here as a price reset may be on the horizon.

Chris Mack is President of Trade Placer (tradeplacer.com) which brings the “Power of Wallstreet on Mainstreet” to its readers. He can be contacted at info@tradeplacer.com.

Lorimer Wilson is editor of  www.FinancialArticleSummariesToday.com “A site/sight for sore eyes and inquisitive minds”  and www.munKNEE.com “It’s all about MONEY” and encourages all readers to sign up for its FREE weekly "Top 100 Stock Market, Asset Ratio & Economic Indicators in Review." He can be contacted at editor@munKNEE.com

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Metal <b>Prices</b> Hit 16th Record High – Bullish Outlook for these 3 <b>Gold</b> Stocks

Barrick Gold Corporation (NYSE: ABX) is a Toronto-based mining company involved in the production and sale of gold. The company is also engaged in exploration and mine development. The company’s mines are concentrated in four regional business units; North America, South America, Africa and Australia Pacific.

Analysts at TD Newcrest, on Tuesday, raised the 12-month price target for Barrick Gold from $59 to $61, citing higher-than-expected gold production estimates. In its research note, TD Newcrest noted that the shift toward better defining growth trajectory is encouraging; however, organic growth is not likely to be enough for the company to maintain 8.5 million-9 million ounces of annual production much beyond 2015.

Barrick Gold stock has a 52-week range of $33.65-$49.66. It is currently trading above its 50-day and 200-day moving averages. The stock has a support level at $47.22 and a resistance level at $48.76. Year-to-date, the stock is up 25.42%.

Newmont Mining Corporation (NYSE: NEM) is a Greenwood Village, Colorado-based gold producing company with assets or operations in the U.S., Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico.

Newmont Mining will announce its third-quarter financial results on November 2, 2010. For the second quarter of 2010, the company reported adjusted net income of $377 million, or $0.77 per share, compared with $211 million, or $0.43 per share reported in the second quarter of 2009. The company also raised its regular quarterly dividend from $0.10 per share to $0.15 per share.

Newmont Mining stock has a 52-week range of $41.45-$65.50. It is currently trading above its 50-day and 200-day moving averages. The stock has a support level at $61.36 and a resistance level at $63.15. Year-to-date, the stock is up 33.59%.

Kinross Gold Corporation (NYSE: KGC) is a Toronto based company engaged in gold mining and related activities. The company’s gold production and exploration activities are carried out mainly in the U.S., Brazil, Chile, Ecuador and the Russian Federation.

Kinross will report its third-quarter financial results on November 3, 2010. For the second quarter of 2010, the company reported gold production of 538,270 ounces, down 4% over the second quarter of 2009. The company posted second-quarter revenue of $696.6 million, compared with $598.1 million reported in the second quarter of 2009.

The Kinross stock has a 52-week range of $14.84-$23.91. The stock is currently trading above its 50-day and 200-day moving averages. It has a support level at $18.76 and a resistance level at $19.09. Year-to-date, the stock is up 7.23%.

Need fast service and cheap rates from a broker? Click here to see my favorite place to trade ABX, NEM, KGC

Want more? Check out the message board buzz for these stocks

See what newsletters are recommending for these stock picks

Get breaking news alerts on these stocks:  http://thestockmarketwatch.com/

Tagged as: ABX, KGC, NEM

About BeaconEquity.com

BeaconEquity.com is committed to producing the highest-quality insight and analysis of small cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily OTC stocks in the stock market today, which have traditionally been shunned by Wall Street. We have particular expertise with renewable energy stocks, biotech stocks, oil stocks, green energy stocks and internet stocks. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Beacon Equity Group Disclaimer

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Beaconequity.com is a wholly-owned subsidiary of BlueWave Advisors.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

View the original article here

$5,000 Gold Bandwagon Now Includes These 65 Analysts – Got Gold?

The small group of gold enthusiasts who started out few in numbers a few years back 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 unbelievable 108 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 (65) maintain that $5,000 or more for gold is likely.

In this article I identify the economists, academics, analysts and financial writers who hold such a lofty opinion of the prospects for gold and provide the URLs of their articles so you can ascertain for yourself their logic for such parabolic moves in the years to come.

(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; 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);
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
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;
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;
silver-investor.com/blog/silver-investor-bloggers-gold/hidden-dollar-swap-hammer-by-jim-willie-cb/
25. Dylan Grice: $6,300;
abnnewswire.net/press/en/63123/Barry_Dawes_Projects_Gold_To_Reach_5000oz_At_The_Resources _Investment_Expo_In_Brisbane.html
26. Chris Mack: $6,241.64 (by 2015);
www.munknee.com/2010/09/how-realistic-is-5000-gold/
27. Chuck DiFalco: $6,214 (by 2018);
www.financialsensearchive.com/fsu/editorials/difalco/2009/1124.html
28. Jeff Clark: $6,214;
www.caseyresearch.com/editorial/3614?ppref=CRX192ED0810D
29. Aubie Baltin: $6,200 (by 2017);
www.24hgold.com/english/contributor.aspx?rss=true&article=2158395926G10020&redirect=false&contributor=Aubie+Baltin
30. Murray Sabrin: $6,153;
www.kitco.com/ind/Sabrin/may262009.html
31. Samuel “Bud” Kress: $6,000 (by 2014);
www.clifdroke.com/articles/jul10/071910/071910.html
32. Robert Kientz: $6,000;
www.seekingalpha.com/instablog/410007-robert-kientz/91151-gold-and-silver-market-suppression-failures-flash-buy-signal-part-4
33. Harry Schultz: $6,000;
www.moneynews.com/StreetTalk/harry-shultz-deflation-hyperinflation/2010/06/11/id/361725?s=al&promo_code=A0D6-1
34. Clif Droke: $6,000;
www.marketoracle.co.uk/Article18050.html
35. John Bougearel: $6,000;

http://www.benzinga.com/print/490392

36. Lawrence Hunt: $5,000 – $6,000 (by 2019);
www.laurencehunt.blogspot.com/2010/06/gold-invisible-bull-market.html
37. Paul Brodsky/Lee Quaintance: $3,000 – $6,000;
www.gold-eagle.com/editorials_08/brodsky121208pv.html
www.gata.org/files/QBAssetManagement-07-2009.pdf
38. Taran Marwah: $3,000 – $6,000+ (by Dec. 2011 and Dec. 2012, respectively);
www.afund.com/afundindia.html
39. Martin Hutchinson: $3,100 – $5,700;
www.mineweb.com/mineweb/view/mineweb/en/page103855?oid=104836&sn=Detail
40. Jeremy Charlesworth: $5,000+;
www.telegraph.co.uk/finance/personalfinance/investing/gold/7803924/Silver-will-outperform-gold.html
41. 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;
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
15. Charles Morris: $5,000 (by 2015);
www.businessweek.com/news/2010-03-01/soros-signals-gold-bubble-as-goldman-predicts-record-update1-.html
16. Marvin Clark: $5,000 (by 2015?);
seekingalpha.com/article/221514-will-the-price-of-gold-reach-5-000

Up to $5,000

1. Pierre Lassonde: $4,000 – $5,000;
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. Bill Bonner: $3,000 – $5,000;
www.equitymaster.com/dailyreckoning/detail.asp?date=9/30/2010&story=1
8. Peter Degraaf; $2,500 – $5,000;
www.kitco.com/ind/degraaf/sep182008.html
9. Eric Janszen: $2,500 – $5,000;
www.itulip.com/forums/showthread.php/15580-Before-the-FIRE-Gold-Update-Is-1-237-the-new-720-Eric-Janszen?s=e262248557652f4215a3f903694790d4
10. 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/
11. Luke Burgess: $2,000 – $5,000;
www.wealthdaily.com/articles/gold-etfs/2409
12. Jeff Nichols: $2,000 – $5,000;
www.mineweb.com/mineweb/view/mineweb/en/page33?oid=111268&sn=Detail&pid=102055
13. Jim Sinclair: $1,650 – $5,000 ($1650 by January 14, 2011 OR $3,000-$5,000 by June 2011);
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. Marc Faber: $4,000;
www.shtfplan.com/marc-faber/marc-faber-gold-to-1-trillion-an-ounce-bloomberg-february-6-2009_02152009
4. John Paulson: $2,400 – $4,000 (by 2012);
www.goldalert.com/2010/09/gold-price-4000-paulson/
5. 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
6. Adam Hamilton: $3,500 (by 2010/11);
commodityonline.com/futures-trading/technical/Gold-price-to-hit-$3500-by-201011-13620.html
7. Christopher Wood: $3,360;
www.marketoracle.co.uk/Article12906.html
8. Eric Roseman: $3,500+;
www.roseman.sovereignsociety.com/2010/09/15/silver-on-verge-of-gold-confirmation/
9. John Henderson: $3,000+ (by 2015-17);
www.seekingalpha.com/article/160592-gold-1200-by-year-end-1500-in-2010-3000-by-2015-2017
10. Hans Goetti: $3,000;
www.cnbc.com/id/15840232/?video=1043867279&play=1
11. Michael Yorba: $3,000;
www.yorbatv.ning.com/forum/topic/show?id=2014856%3ATopic%3A9698
12. David Tice: $3,000 (by 2012);
www.cnbc.com/id/34240489
13. David Urban; $3,000;
www.seekingalpha.com/article/36315-why-i-believe-gold-will-hit-3000-oz
14. Mitchell Langbert: $3,000;
www.mitchell-langbert.blogspot.com/2010/06/is-ride-to-3000-gold-going-to-hit-air.html
15. Brett Arends: $3,000;
online.wsj.com/article/SB10001424052748704792104575264863069565780.html
16. Ambrose Evans-Pritchard: $3,000;
www.moneynews.com/StreetTalk/evans-pritchard-gold-price/2010/05/26/id/360175
17. Trader Mark: $3,000 (by mid-2011);
ibtimes.com/articles/25200/20100526/if-gold-gld-tracks-nasdaq-housing-peaks-its-headed-to-3000-in-18-months.htm
18. John Williams: $3,000;
www.telegraph.co.uk/finance/personalfinance/investing/gold/4967209/Gold-Inflation-will-beat-deflation-and-gold-will-hit-3000.html
19. Louise Yamada: $3,000 (by 2016-17);
www.bloomberg.com/apps/news?pid=newsarchive&sid=a5UuCc0L6nt4&refer=latin_america
20. Byron King: $3,000;
www.whiskeyandgunpowder.com/gold-is-going-to-3000-get-some-physical-gold/
21. ThumbCharts.com: $3,000;
www.thumbcharts.com/1300/gold-at-3000-only-if-bubbles-repeat
22. Bob Chapman: $3,000 (by 2011);
www.bobchapman.blogspot.com/2010/05/gold-will-go-to-75-and-gold-to-3000.html
23. Ron Paul: $3,000 (by 2020);
online.wsj.com/article/SB10001424052970203917304574415193376917198.html
24. 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. David Morgan: $2,900;
news.goldseek.com/SilverInvestor/1204614180.php
5. Sascha Opel: $2,500+;
www.mineweb.com/mineweb/view/mineweb/en/page33?oid=79363&sn=Detail
6. Rick Rule: $2,500 (by 2013);
www.mineweb.com/mineweb/view/mineweb/en/page33?oid=107168&sn=Detail&pid=102
7. Daniel Brebner: $2,500;
www.midasletter.com/news/09031105_UBS-bullish-on-gold-price-nearing-2500-dollars.php
8. 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 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.

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 yourself if you have not done so already.

Lorimer Wilson

MunKnee.com

Lorimer Wilson is Editor of www.FinancialArticleSummariesToday.com (F.A.S.T.) and www.MunKnee.com (Money, Monnee, Munknee!) and an economic analyst and financial writer. He is also a frequent contributor to this site and can be reached at editor@munknee.com. 

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