Friday, February 17, 2012

PM Guru's 2012 Price Predictions for Gold & Silver

RealMoneyTracker has compiled a list of precious metals analysts' 2012 price predictions for 2012.
The average outlook for silver is $59.29, and for gold is $2,242.
Individual predictions/ outlooks are below:



2012 Gold and Silver predictions compiled by RealMoneyTracker:
Expert/Institution Silver Gold Comment Source
Barclays   2000 During second quarter Watch
Ben Davies 50 1800 Silver: ”higher highs”. Gold: +15%(?) Listen
Bill Murphy 75     Listen
Chris Marchese 62,5 2435 Silver: 60-65. Gold: 2250-2600 Private conversation
Commerzbank   1900   Read (in Swedish)
David Morgan 60 2500 Gold: 2400-2600 Watch, Listen
Duet Commodities Fund   2500   Read
Egon von Greyerz 60 4000 Gold: 3000-5000 Read, Read
Eric Sprott 50 2000 Silver: Above 50. Gold: ”north of 2000” Read
Goldman Sachs   1940   Read
James Dines   1900 Gold: ”New highs” Listen
James Turk 70 2500 Gold: 2000-3000 Read, Watch, Listen
Jim Rickards   1900 For 2013-2014: 3000-5000 Read
Jim Sinclair   2000 ”1900-2100 or more” Read, Listen
John Embry 56 2500 Silver: +100%. Gold: +60% Read, Read, Read
John Hathaway 48 1900 ”New highs” Read
Keith Barron 50 2250 ”Gold: 2000-2500” Read
Michael Pento   2200   Watch
Morgan Stanley   2175 ”By 2013” Read
Nick Barisheff   2250   Listen
Peter Grandich   1900 “New highs” Read, Listen, Watch
Peter Schiff   2500 ”Above 2500” Read
Rick Rule   2200   Read
Rob McEwen 50 2000 ”Above 50 and 2000” Read
Stepen Leeb 80 2750 Silver: 60-100. Gold 2500-3000 Read, Read, Read, Read
UBS   2050 Gold: ”will average at 2050” Read
Average: 59.29 2242    
Average gain in %: 112.36% 43.09%    
2012-01-02 prices: 27.92 1566.8