Somewhere in the next 3 to 6 months, a bear rally is expected that will drive gold prices up anywhere from 10% to 30%, according to gold experts in the know. When the possibility of this is compared to other markets over the last year, experts see this as a prime opportunity for profiting.
In fact, because of the negative connotations for gold, many insiders see this as the perfect time to buck the trend and purchase their shares in gold. One thing history has told us, when people begin to bet against gold, it’s usually just before gold makes a big jump.
Many well-seasoned investors believe that the ongoing purchasing of gold will begin to taper off, and even now the market is beginning to show signs of seller exhaustion. While gold has been selling at a brisk pace, experts do not expect the trend will go on for much longer. It is at the time when selling slows and the bear market kicks in will people begin to see huge gains in the gold market from their earlier purchasing plays.
Experts believe that over the next two quarters gold will rally significantly because of a drop off in bearishness. When it is all said and done, many believe that gold will sell for $1100-$1300 per ounce in the market.
U.S. Money Reserve, an established gold and silver dealer, know all about the aspects of precious metal investing. The company specializes in gold coins and the purchasing and selling of gold, silver and platinum coins. They employ a huge staff of over 100 specialists in a wide range of areas, including appraisers, gold specialist, gold research professionals and more. They offer a wide range of precious metal investment opportunities including coins authorized by the U.S. Congress.
Contrary to the belief of naysayers, now is the perfect time to get into gold. With the coming changes to the market, now is the perfect opportunity for new and seasoned investors alike to take advantage of this precious metal and the opportunity to reap huge rewards.