5. Peter Grandich, Peter Grandich & Company
Kicking off the list in the fifth spot is Peter Grandich of Peter Grandich & Company.
Speaking in early August, when gold was approaching the US$2,500 per ounce level, Grandich explained why he no longer sees US$5,000 as a ‘foolish’ price target.
4. Willem Middelkoop, Commodity Discovery Fund
Willem Middelkoop of Commodity Discovery Fund is next.
In this January interview, he shares his 2024 outlook on a wide variety of sectors, but also looks much longer term.
3. David Morgan, the Morgan Report
Morgan was positive on the metal’s prospects, but stayed conservative with his 2024 call.
2. Gareth Soloway, VerifiedInvesting.com
Gareth Soloway of VerifiedInvesting.com comes in at number two, and at the end of August he laid out a gold price target of US$2,660, saying it could get there later in 2024 or early in 2025.
Gold did ultimately reach that level in 2024, but Soloway also gave a much longer-term look forward. He shared how the metal could pass US$6,000, although he emphasized the difficulty of forecasting that far out.
1. Rick Rule, Rule Investment Media
At the beginning of the year, he mentioned several sectors he was looking at, including platinum, palladium and nickel, as well as oil and gas. However, of particular interest to him at the time was silver.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.