Of course, they’re all mistaken. Now, is the perfect time to buy gold. Unbeknownst to most, the next big bear rally is coming soon, and that rally will take the metal to new highs of at least 10% to 30%, according to several experts on the precious metal.
Many people are rallying against gold, and that is one of the reasons why now is the best time to consider purchasing it. There is so much confidence in gold being a poor investment, the market is literally betting against gold. And history has shown that the moment the market starts turning against gold, is a moment that gold starts picking up in value.
There are some experts do believe that the selling of gold will begin to weaken, and that the market even now is starting to show signs of seller exhaustion. Even though there has been a great deal of selling as of late, many experts do not believe that the selling trend will last much longer. And when the bear market kicks in, people savvy enough to have entered into gold will see gains for their patience.
Some analysts believe that gold is ripe for a rally in the next two quarters because of a lack of bearishness in the market. They believe that the trading range for gold will be somewhere from $1100-$1300 per ounce over the next two quarters.
Companies like U.S. Money Reserve specialize in gold and silver distribution. They provide access to the purchase of gold, silver and platinum coins. They employ a team of 100 individuals, including gold specialists, financial experts, coin research professionals, and more. U.S. Money Reserve offers a wide array of valuable coins, including mints that are authorized by Congress and produced with face value denominations.
This is a prime time for investors to take advantage of upcoming gold market fluctuations. The next few months will see a surge in the demand and value of gold, and now is the perfect time to prepare to take advantage of the coming uptick in the gold market.