
At ITM Trading, we believe that physical gold, such as rare gold coins, should have a permanent place in every portfolio.
Gold is a financial insurance policy against the unexpected. Unexpected events can take any shape or form and occur at any time. By definition, we cannot predict the unexpected, therefore we must be prepared at all times.
Still, anyone who owns gold cannot help but wonder what the future holds for its price. We firmly believe that the price of gold is headed higher in the long-term. But more importantly, an array of experts from around the world who have carefully researched this topic agree that gold is headed higher. Some believe it is headed MUCH higher. We urge everyone to review these experts’ opinions and use them to make your own buying and selling decisions. Keep in mind that the men and women quoted below make their livelihoods by closely watching the financial markets. They are not always correct, but they have a vested interest in being very diligent in the research that leads them to their conclusions.
"We could see $1,500 gold this fall. No doubt about it."
Greg McCoach
The Gold Report
22 September 2009
"gold and silver have a few years left to run higher. In this remaining time frame I expect gold to challenge the 1980s highs on an inflation adjusted basis. Gold made new nominal highs at $1032 in March 2008 but that is well short of the inflation adjusted 1980 high of about $2,500."
Roland Watson
The Silver Analyst
22 September 2009
"Gold's fundamentals remain very sound and yet most analysts remain bearish and much of the media has greeted gold's near record highs with tremendous skepticism. These are classic signs of a long term secular bull market as gold continues to climb the "wall of worry". The current recovery looks like another dead cat bounce as many of the structural issues facing western economies in particular remain problematic, (household debt levels remain extremely high and public debt is soaring). While deflation remains the short term threat, inflation internationally and the unmentionable 'stagflation’ remain the real medium and long-term threats. Gold is currently trading at $1,013.20/oz and new record highs seem very likely in the near future.
GoldCore, Ltd.
22 September 09
"We are still bullish for gold. At the end of this year, we'll see another record high."
Dick Poon
Heraeus Refining and Trading Group
Hong Kong
22 September 09
"Like a battering ram in a medieval siege, gold keeps hammering away at the gate. For the third time in less than twelve months, the yellow metal is once again crashing into the $1,000 per ounce level. As of press time, it looks like gold will close above that level today and will set a new record in the process. Even if the breach is fleeting, who can doubt that it will mount another assault soon? In the meantime, there is no shortage of market analysts who are not buying gold while questioning the motives of those who are. Although they offer a variety of strained reasons, they nearly all agree that it has nothing to do with inflation, which is nearly universally considered dead and buried. As a self-confessed gold bug, I can assure all that inflation is the only reason I buy gold. And recently, I'm buying a lot. The bottom line is that gold is continuing its long-term bull run, and those who dismiss the message behind its rise do so at their own financial peril."
Peter Schiff
11 September 2009
"The big picture remains bullish for gold and if equities start to correct more safe haven buying might return."
ScotiaMocatta
21 September 2009
"Gold will hit $1200 per ounce"
Thomas Winmill
Portfolio Manager
Midas Fund
21 September 2009
"Gold will become increasingly popular as a safe haven investment. Prospects are very positive, especially as gold reverts back to its traditional role as an inverse proxy to the trend in the US dollar."
Aaron Regent
CFO
Barrick Gold
22 September 2009
"We're certainly in a rising price gold environment right now... And there's a lot of reasons to be bullish about gold prices going forward."
Charles Jeannes
CEO
Goldcorp
22 September 2009
"Gold is going a lot higher. By the end of 2010, we will see $2,000 an ounce gold. And by the time that the gold cycle is over we'll see $5,000 an ounce."
Rob McEwen
CEO
US Gold
22 September 2009
"It seems more and more people are waking up to the fact that gold and silver are not only moving up but are also much safer investments currently than any other alternative."
David Morgan
Precious Metals Analyst
http://www.silver-investor.com/
11 September 2009
"Investor demand is very strong as an improvement in the global economy raises the prospect of inflation. We see a considerable amount of upward momentum out there."
Steve Chun
Hyundai Futures Co.
18 September 09
"The time of truth is at hand and it won’t take much more strength to confirm that a stronger phase of the eight year old bull market has begun. Gold has been moving up quietly this decade and your average person or investor is still essentially unaware of its strength, but that will likely soon change. Once gold embarks on a stronger phase of the bull market, it’s not inconceivable that gold could eventually reach the $2,000 to even the $5000 level before the mega rise is over, looking out to the years ahead."
Mary Anne & Pamela Aden
The Aden Forecast
23 September 09
"At just over $1,000 per ounce, gold remains dirt cheap. I anticipate at least a doubling of the gold price as the bull market matures."
Christopher Barker
The Motley Fool
23 September 09
"The strong implication is that gold and silver have a few years left to run higher. In this remaining time frame I expect gold to challenge the 1980s highs on an inflation adjusted basis. Gold made new nominal highs at $1032 in March 2008 but that is well short of the inflation adjusted 1980 high of about $2500. The timeframe for this blow off is 2012."
Roland Watson
Gold and Silver in the Next Decade
22 September 09
"According to my research we are only around 8 years into this latest 17 year tangible asset cycle The very best thing about this current gold bull is that gold is still cheap in inflation adjusted terms Gold is now pushing up at recent historic highs as we go into the latest G20 Summit. In future we will all look back the US$1,000 level and it will look like the US$300, US$350, US$450 and US$700 levels did today. If you adjust the US$850 1980 gold peak for today's dollars you will need to reach between US$2,500 and US$6,000 to reach that old benchmark in terms of today's dollars."
Neil Charnock
Goldoz.com.au
21 September 09
It is economic strength -- not weakness -- that will push gold well above $1,000, and likely over $2,000 by early 2011.
David Nichols
Fractal Gold Report
21 September 09
Gold is in a beautiful, long-term secular bull market with a technically perfect uptrend that shows no sign of having started the "blow-off" top that ends nearly all major bull markets. It is Gold's turn to shine and its bull market is not over!
Adam Brochert
GoldVersusPaper
20 September 09
All of these experts believe it is very possible, and in some cases likely that gold will go much higher in the future. If the experts are taking action by buying gold don’t you think you should too? Call us at 1-888-696-4653 to take action today.
